# PPP loan: SCHATZ ELECTRIC, INC.
> **$347K** approved 04/05/2020 · Paid in Full · Loan `5459977010`
## Borrower
- **Name:** SCHATZ ELECTRIC, INC.
- **Address:** 155 Pieller Rd PO Box 111, ROBESONIA, PA, 19551-8846
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $347K
- **Initial approval:** $347K
- **Forgiven:** $349K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $347K
- **Jobs reported:** 19
## Lender
- **Originating:** Tompkins VIST Bank, A Branch of
- **Servicing:** Tompkins Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*