# PPP loan: THE SCHIESEL FAMILY INC.
> **$247K** approved 01/19/2021 · Paid in Full · Loan `1715798307`
## Borrower
- **Name:** THE SCHIESEL FAMILY INC.
- **Address:** 585 Northern Ave, Hagerstown, MD, 21742-2854
- **NAICS:** 541213
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $249K (101%)
- **Forgiveness date:** 09/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $247K
- **Jobs reported:** 150
## Lender
- **Originating:** Middletown Valley Bank
- **Servicing:** Middletown Valley Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*