# PPP loan: SCHNEIDER PAPER PRODUCTS, INC
> **$700K** approved 04/11/2020 · Paid in Full · Loan `2997087105`
## Borrower
- **Name:** SCHNEIDER PAPER PRODUCTS, INC
- **Address:** 4800 North Street, BATON ROUGE, LA, 70806-3454
- **NAICS:** 424130
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $700K
- **Initial approval:** $700K
- **Forgiven:** $706K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $640K
- **Health care:** $60K
- **Jobs reported:** 60
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*