# PPP loan: PETER E. SCHMITT CO.
> **$266K** approved 04/10/2020 · Paid in Full · Loan `1578877107`
## Borrower
- **Name:** PETER E. SCHMITT CO.
- **Address:** 210 W PARKWAY STE 4, POMPTON PLAINS, NJ, 07444-1000
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $266K
- **Initial approval:** $266K
- **Forgiven:** $268K (101%)
- **Forgiveness date:** 12/21/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $266K
- **Jobs reported:** 16
## Lender
- **Originating:** TD Bank, National Association
- **Servicing:** TD Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*