# PPP loan: JIM SCHROEDER CONSTRUCTION INC
> **$288K** approved 04/05/2020 · Paid in Full · Loan `5536257000`
## Borrower
- **Name:** JIM SCHROEDER CONSTRUCTION INC
- **Address:** 500 S 2nd St., BELLEVUE, IA, 52031-1326
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $288K
- **Initial approval:** $288K
- **Forgiven:** $290K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $230K
- **Utilities:** $28K
- **Health care:** $30K
- **Jobs reported:** 17
## Lender
- **Originating:** Bellevue State Bank
- **Servicing:** Bellevue State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*