# PPP loan: SCHWAB'S SCREW MACHINE PRODUCTS, INC.
> **$240K** approved 04/10/2020 · Paid in Full · Loan `1821797108`
## Borrower
- **Name:** SCHWAB'S SCREW MACHINE PRODUCTS, INC.
- **Address:** 24458 Webb Rd, Lapwai, ID, 83540-6116
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $242K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $240K
- **Jobs reported:** 16
## Lender
- **Originating:** Potlatch No. 1 Financial Credit Union
- **Servicing:** Potlatch No. 1 Financial Credit Union (ID)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*