# PPP loan: WILLIAM J. SCHWARTZ & SONS, INC.
> **$472K** approved 04/05/2020 · Paid in Full · Loan `5223727009`
## Borrower
- **Name:** WILLIAM J. SCHWARTZ & SONS, INC.
- **Address:** 34882 SCENIC HWY, BOVEY, MN, 55709-6032
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $472K
- **Initial approval:** $472K
- **Forgiven:** $475K (101%)
- **Forgiveness date:** 12/14/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $472K
- **Jobs reported:** 23
## Lender
- **Originating:** Grand Rapids State Bank
- **Servicing:** Grand Rapids State Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*