# PPP loan: DR. SCHNEIDER AUTOMOTIVE SYSTEMS, INC.
> **$2.88M** approved 07/20/2020 · Paid in Full · Loan `5892408109`
## Borrower
- **Name:** DR. SCHNEIDER AUTOMOTIVE SYSTEMS, INC.
- **Address:** 223 PROGRESS DR, RUSSELL SPRINGS, KY, 42642-4497
- **NAICS:** 325211
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $2.88M
- **Initial approval:** $2.88M
- **Forgiven:** $2.91M (101%)
- **Forgiveness date:** 08/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.88M
- **Jobs reported:** 383
## Lender
- **Originating:** The State Bank
- **Servicing:** The State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*