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Fancher Chair Co., INC

$916,657 PPP Loan in Falconer, New York

Loan Details

Loan Number
5882217100
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$916,657
Current Approval
$916,657
Forgiveness Amount
$921,683
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Fancher Chair Co., INC
Address
121 South Work Street
City
Falconer
State
New York
ZIP Code
14733
Business Type
Corporation
Industry (NAICS)
Manufacturing (337211)
Business Age
Existing or more than 2 years old
Jobs Reported
127
Estimated Revenue
$33.3M
Rural/Urban
Rural
Congressional District
NY-23

Loan Use Breakdown

Payroll
$805,123
Rent
$4,000
Utilities
$56,360
Health Care
$37,686
Mortgage Interest
$10,232
Debt Interest
$3,256

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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