# PPP loan: SCHIFF'S RESTAURANT SERVICE
> **$1.01M** approved 04/06/2020 · Paid in Full · Loan `5708427000`
## Borrower
- **Name:** SCHIFF'S RESTAURANT SERVICE
- **Address:** 3410 MAIN AVE, SCRANTON, PA, 18508-1439
- **NAICS:** 445110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.01M
- **Initial approval:** $949K
- **Forgiven:** $1.02M (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $761K
- **Utilities:** $254K
- **Jobs reported:** 173
## Lender
- **Originating:** Fidelity Deposit and Discount Bank
- **Servicing:** Fidelity Deposit and Discount Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*