# PPP loan: SCHRADERS' MEDICAL SUPPLY INC.
> **$828K** approved 04/05/2020 · Paid in Full · Loan `5080087009`
## Borrower
- **Name:** SCHRADERS' MEDICAL SUPPLY INC.
- **Address:** 5507 BROOKS ST, MONTCLAIR, CA, 91763-4547
- **NAICS:** 424210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $828K
- **Initial approval:** $828K
- **Forgiven:** $838K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $730K
- **Rent:** $62K
- **Utilities:** $6K
- **Health care:** $30K
- **Jobs reported:** 20
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*