# PPP loan: RUDY SCHMID, INC.
> **$245K** approved 04/09/2020 · Paid in Full · Loan `1024387100`
## Borrower
- **Name:** RUDY SCHMID, INC.
- **Address:** 228 east hiawatcha blvd, SYRACUSE, NY, 13208
- **NAICS:** 811111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $248K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $184K
- **Mortgage interest:** $61K
- **Jobs reported:** 20
## Lender
- **Originating:** NBT Bank, National Association
- **Servicing:** NBT Bank, National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*