# PPP loan: SCHOMBURG GMBH
> **$439K** approved 03/16/2021 · Paid in Full · Loan `2902458604`
## Borrower
- **Name:** SCHOMBURG GMBH
- **Address:** 505 Blue Ball Rd Bldg 160, Elkton, MD, 21921-4875
- **NAICS:** 444190
- **Business type:** Trust
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $439K
- **Initial approval:** $439K
- **Forgiven:** $441K (100%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $439K
- **Jobs reported:** 31
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*