# PPP loan: SCHAFER WOODWORKS, INC.
> **$204K** approved 04/27/2020 · Paid in Full · Loan `4407087203`
## Borrower
- **Name:** SCHAFER WOODWORKS, INC.
- **Address:** 10695 Macon Hwy, Tecumseh, MI, 49286-9624
- **NAICS:** 321918
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $204K
- **Initial approval:** $204K
- **Forgiven:** $207K (101%)
- **Forgiveness date:** 08/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $204K
- **Jobs reported:** 24
## Lender
- **Originating:** TLC Community CU
- **Servicing:** TLC Community CU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*