# PPP loan: SCHARNWEBER INC
> **$263K** approved 02/25/2021 · Paid in Full · Loan `4434518508`
## Borrower
- **Name:** SCHARNWEBER INC
- **Address:** 701 S County Rd, Toledo, IA, 52342-1025
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $263K
- **Initial approval:** $263K
- **Forgiven:** $265K (101%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $263K
- **Jobs reported:** 24
## Lender
- **Originating:** The State Bank of Toledo
- **Servicing:** The State Bank of Toledo (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*