# PPP loan: SCHUMANN PRINTERS INC
> **$1.47M** approved 02/02/2021 · Paid in Full · Loan `1725298401`
## Borrower
- **Name:** SCHUMANN PRINTERS INC
- **Address:** 701 S Main St, Fall River, WI, 53932-9788
- **NAICS:** 323111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.47M
- **Initial approval:** $1.47M
- **Forgiven:** $1.48M (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.47M
- **Utilities:** $1
- **Jobs reported:** 147
## Lender
- **Originating:** Farmers & Merchants Union Bank
- **Servicing:** Farmers & Merchants Union Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*