# PPP loan: JOEL CONFER AMC INC.
> **$861K** approved 04/15/2020 · Paid in Full · Loan `8138987103`
## Borrower
- **Name:** JOEL CONFER AMC INC.
- **Address:** 120 E Clinton Ave, State College, PA, 16803
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $861K
- **Initial approval:** $861K
- **Forgiven:** $873K (101%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $601K
- **Rent:** $104K
- **Mortgage interest:** $5K
- **Utilities:** $91K
- **Health care:** $45K
- **Debt interest:** $16K
- **Jobs reported:** 67
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*