# PPP loan: OTT SCHWEITZER DISTRIBUTORSHIP, INC.
> **$946K** approved 04/05/2020 · Paid in Full · Loan `5567267006`
## Borrower
- **Name:** OTT SCHWEITZER DISTRIBUTORSHIP, INC.
- **Address:** 616 Gateway Drive, MILTON, WI, 53563-8693
- **NAICS:** 424810
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $946K
- **Initial approval:** $946K
- **Forgiven:** $951K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $709K
- **Rent:** $118K
- **Utilities:** $118K
- **Jobs reported:** 81
## Lender
- **Originating:** Johnson Bank
- **Servicing:** Johnson Bank (WI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*