# PPP loan: RICHARD L. SCHOLET INC
> **$267K** approved 03/31/2021 · Paid in Full · Loan `4180968709`
## Borrower
- **Name:** RICHARD L. SCHOLET INC
- **Address:** 69 Ceperley Ave, Oneonta, NY, 13820-2182
- **NAICS:** 442110
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $267K
- **Initial approval:** $267K
- **Forgiven:** $270K (101%)
- **Forgiveness date:** 05/05/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $267K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** NBT Bank, National Association
- **Servicing:** NBT Bank, National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*