# PPP loan: CHAMBERSBURG WASTE PAPER CO., INC.
> **$1.08M** approved 04/06/2020 · Paid in Full · Loan `6359907008`
## Borrower
- **Name:** CHAMBERSBURG WASTE PAPER CO., INC.
- **Address:** 2047 LOOP RD, CHAMBERSBURG, PA, 17202-8842
- **NAICS:** 562920
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.08M
- **Initial approval:** $1.08M
- **Forgiven:** $1.09M (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $862K
- **Utilities:** $215K
- **Jobs reported:** 141
## Lender
- **Originating:** Farmers and Merchants Trust Company of Chambersburg
- **Servicing:** Farmers and Merchants Trust Company of Chambersburg (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*