# PPP loan: SCHRAMM II, INC
> **$658K** approved 05/04/2020 · Paid in Full · Loan `1354337404`
## Borrower
- **Name:** SCHRAMM II, INC
- **Address:** 800 E Virginia Ave, West Chester, PA, 19380-4430
- **NAICS:** 333131
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $658K
- **Initial approval:** $687K
- **Forgiven:** $666K (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $658K
- **Jobs reported:** 34
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*