# PPP loan: SCHAAL DRILLING, LLC
> **$181K** approved 05/21/2020 · Paid in Full · Loan `1427957807`
## Borrower
- **Name:** SCHAAL DRILLING, LLC
- **Address:** 46881 Highway 24, BURLINGTON, CO, 80807
- **NAICS:** 238910
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $181K
- **Initial approval:** $181K
- **Forgiven:** $182K (100%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $181K
- **Jobs reported:** 13
## Lender
- **Originating:** Farmers and Merchants Bank of Colby
- **Servicing:** Farmers & Merchants Bank of Colby (KS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*