# PPP loan: SCHRADER REAL ESTATE & AUCTION CO INC
> **$348K** approved 04/04/2020 · Paid in Full · Loan `4862597009`
## Borrower
- **Name:** SCHRADER REAL ESTATE & AUCTION CO INC
- **Address:** PO Box 508, COLUMBIA CITY, IN, 46725
- **NAICS:** 531210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $348K
- **Initial approval:** $348K
- **Forgiven:** $351K (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $335K
- **Rent:** $10K
- **Utilities:** $3K
- **Jobs reported:** 32
## Lender
- **Originating:** STAR Financial Bank
- **Servicing:** STAR Financial Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*