# PPP loan: THE SCHMENGIE CORPORATION
> **$255K** approved 03/30/2021 · Paid in Full · Loan `2906288707`
## Borrower
- **Name:** THE SCHMENGIE CORPORATION
- **Address:** 802 SE 5th Ave, Delray Beach, FL, 33483-5107
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $255K
- **Initial approval:** $255K
- **Forgiven:** $258K (101%)
- **Forgiveness date:** 05/05/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $255K
- **Utilities:** $1
- **Jobs reported:** 34
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*