# PPP loan: SWITZER'S INC
> **$243K** approved 04/13/2020 · Paid in Full · Loan `5603287108`
## Borrower
- **Name:** SWITZER'S INC
- **Address:** 575 N 20TH STREET, EAST SAINT LOUIS, IL, 62205-1809
- **NAICS:** 424490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $243K
- **Initial approval:** $243K
- **Forgiven:** $245K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $182K
- **Mortgage interest:** $1K
- **Utilities:** $28K
- **Health care:** $32K
- **Jobs reported:** 25
## Lender
- **Originating:** FCB Banks
- **Servicing:** FCB Banks (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*