# PPP loan: SCHREITER READY-MIX AND MATERIALS, INC
> **$237K** approved 04/27/2020 · Paid in Full · Loan `5038217203`
## Borrower
- **Name:** SCHREITER READY-MIX AND MATERIALS, INC
- **Address:** 200 Souht Cool Springs Rd, O FALLON, MO, 63366
- **NAICS:** 236117
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $237K
- **Initial approval:** $237K
- **Forgiven:** $238K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $177K
- **Rent:** $59K
- **Jobs reported:** 26
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*