# PPP loan: SCHAEFGES BROS. INC.
> **$334K** approved 04/12/2020 · Paid in Full · Loan `4160997104`
## Borrower
- **Name:** SCHAEFGES BROS. INC.
- **Address:** 851 SETON CT STE 2A, WHEELING, IL, 60090-5703
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $334K
- **Initial approval:** $334K
- **Forgiven:** $336K (101%)
- **Forgiveness date:** 12/07/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $334K
- **Jobs reported:** 16
## Lender
- **Originating:** LendingClub Bank, National Association
- **Servicing:** LendingClub Bank, National Association (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*