# PPP loan: E. SCHNEIDER & SONS INC.
> **$292K** approved 02/09/2021 · Paid in Full · Loan `5710328403`
## Borrower
- **Name:** E. SCHNEIDER & SONS INC.
- **Address:** 616-656 Sumner Avenue, ALLENTOWN PA, PA, 18102
- **NAICS:** 423930
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $292K
- **Initial approval:** $292K
- **Forgiven:** $295K (101%)
- **Forgiveness date:** 12/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $292K
- **Jobs reported:** 23
## Lender
- **Originating:** American Bank
- **Servicing:** American Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*