# PPP loan: PAUL SCHURMAN MACHINE INC.
> **$328K** approved 04/16/2021 · Paid in Full · Loan `4578008801`
## Borrower
- **Name:** PAUL SCHURMAN MACHINE INC.
- **Address:** 23201 NE 10th Ave N/A, Ridgefield, WA, 98642-8175
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $328K
- **Initial approval:** $328K
- **Forgiven:** $331K (101%)
- **Forgiveness date:** 02/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $328K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** Customers Bank
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*