# PPP loan: SCHWARTZ MACHINE CO.
> **$309K** approved 04/11/2020 · Paid in Full · Loan `3376377100`
## Borrower
- **Name:** SCHWARTZ MACHINE CO.
- **Address:** 4441 E 8 MILE RD, WARREN, MI, 48091-2707
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $309K
- **Initial approval:** $309K
- **Forgiven:** $312K (101%)
- **Forgiveness date:** 04/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $309K
- **Jobs reported:** 18
## Lender
- **Originating:** Bank of Ann Arbor
- **Servicing:** Bank of Ann Arbor (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*