# PPP loan: SCHOELLHORN-ALBRECHT MACHINE CO., INC.
> **$689K** approved 04/06/2020 · Paid in Full · Loan `5978567007`
## Borrower
- **Name:** SCHOELLHORN-ALBRECHT MACHINE CO., INC.
- **Address:** 1141 RECO AVE, SAINT LOUIS, MO, 63126-1026
- **NAICS:** 332312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $689K
- **Initial approval:** $689K
- **Forgiven:** $693K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $689K
- **Jobs reported:** 47
## Lender
- **Originating:** Cass Commercial Bank
- **Servicing:** Cass Commercial Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*