# PPP loan: SCHLAGER'S AUTOBODY REPAIR INC
> **$399K** approved 04/04/2020 · Paid in Full · Loan `4762717000`
## Borrower
- **Name:** SCHLAGER'S AUTOBODY REPAIR INC
- **Address:** 299 Centre Street, QUINCY, MA, 02169-7556
- **NAICS:** 811121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $399K
- **Initial approval:** $399K
- **Forgiven:** $404K (101%)
- **Forgiveness date:** 05/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $319K
- **Rent:** $27K
- **Mortgage interest:** $27K
- **Utilities:** $27K
- **Jobs reported:** 28
## Lender
- **Originating:** Coastal Heritage Bank
- **Servicing:** Coastal Heritage Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*