# PPP loan: CHALFANT CORP.
> **$1.21M** approved 04/07/2020 · Paid in Full · Loan `7358617007`
## Borrower
- **Name:** CHALFANT CORP.
- **Address:** 8400 West Franklin Rd, BOISE, ID, 83709-0627
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.21M
- **Initial approval:** $1.21M
- **Forgiven:** $1.22M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $908K
- **Utilities:** $303K
- **Jobs reported:** 97
## Lender
- **Originating:** Idaho Trust Bank
- **Servicing:** Idaho Trust Bank (ID)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*