# PPP loan: CARL I SCHAEFFER ELECTRIC COMPANY
> **$1.82M** approved 04/05/2020 · Paid in Full · Loan `5121937001`
## Borrower
- **Name:** CARL I SCHAEFFER ELECTRIC COMPANY
- **Address:** 4667 GREEN PARK RD, SAINT LOUIS, MO, 63123-7203
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.82M
- **Initial approval:** $1.82M
- **Forgiven:** $1.83M (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.82M
- **Jobs reported:** 76
## Lender
- **Originating:** Enterprise Bank & Trust
- **Servicing:** Enterprise Bank & Trust (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*