# PPP loan: SCHNEIDER LABS, INC.
> **$355K** approved 05/11/2020 · Paid in Full · Loan `4994617407`
## Borrower
- **Name:** SCHNEIDER LABS, INC.
- **Address:** 2512 W CARY ST, RICHMOND, VA, 23220-5117
- **NAICS:** 541380
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $355K
- **Initial approval:** $355K
- **Forgiven:** $356K (100%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $355K
- **Jobs reported:** 45
## Lender
- **Originating:** Locus Bank Inc
- **Servicing:** Locus Bank Inc (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*