# PPP loan: ROBERT R. SCHROEDER CONSTRUCTION INC
> **$389K** approved 02/06/2021 · Paid in Full · Loan `4121908408`
## Borrower
- **Name:** ROBERT R. SCHROEDER CONSTRUCTION INC
- **Address:** 880 14th Ave NE, Glenwood, MN, 56334-8900
- **NAICS:** 237310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $389K
- **Initial approval:** $389K
- **Forgiven:** $391K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $389K
- **Utilities:** $1
- **Jobs reported:** 44
## Lender
- **Originating:** Glenwood State Bank Incorporated
- **Servicing:** Glenwood State Bank Incorporated (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*