# PPP loan: SCHEISS DISTRIBUTORS INC
> **$439K** approved 04/06/2020 · Paid in Full · Loan `5862637002`
## Borrower
- **Name:** SCHEISS DISTRIBUTORS INC
- **Address:** 323 TURNPIKE ST, CANTON, MA, 02021-2710
- **NAICS:** 424470
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $439K
- **Initial approval:** $439K
- **Forgiven:** $443K (101%)
- **Forgiveness date:** 04/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $329K
- **Health care:** $110K
- **Jobs reported:** 26
## Lender
- **Originating:** The Bank of Canton
- **Servicing:** The Bank of Canton (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*