# PPP loan: SCHAEFLEN MANAGEMENT LLC
> **$334K** approved 04/15/2020 · Paid in Full · Loan `1260877205`
## Borrower
- **Name:** SCHAEFLEN MANAGEMENT LLC
- **Address:** 1336 BRISTOL PIKE, BENSALEM, PA, 19020-5668
- **NAICS:** 541618
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $334K
- **Initial approval:** $368K
- **Forgiven:** $339K (101%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $334K
- **Jobs reported:** 25
## Lender
- **Originating:** Quaint Oak Bank
- **Servicing:** Quaint Oak Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*