# PPP loan: SCHOENING TECHNOLOGY GROUP, INC
> **$794K** approved 04/15/2020 · Paid in Full · Loan `2237167200`
## Borrower
- **Name:** SCHOENING TECHNOLOGY GROUP, INC
- **Address:** 1121 E Main Street, Suite 128, SAINT CHARLES, IL, 60174-2206
- **NAICS:** 541690
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $794K
- **Initial approval:** $794K
- **Forgiven:** $694K (87%)
- **Forgiveness date:** 03/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $794K
- **Jobs reported:** 132
## Lender
- **Originating:** Vibrant Credit Union
- **Servicing:** Vibrant Credit Union (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*