# PPP loan: THE SCHWARTZ GROUP, INC.
> **$325K** approved 04/11/2020 · Paid in Full · Loan `2988147108`
## Borrower
- **Name:** THE SCHWARTZ GROUP, INC.
- **Address:** 2350 North Forest Road Suite 30B, GETZVILLE, NY, 14068-1258
- **NAICS:** 541613
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $325K
- **Initial approval:** $325K
- **Forgiven:** $327K (101%)
- **Forgiveness date:** 12/16/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $290K
- **Rent:** $19K
- **Health care:** $15K
- **Jobs reported:** 36
## 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*