# PPP loan: SCHLABACH WOOD DESIGN INC.
> **$885K** approved 04/06/2020 · Paid in Full · Loan `6020957002`
## Borrower
- **Name:** SCHLABACH WOOD DESIGN INC.
- **Address:** 52567 State 651, BALTIC, OH, 43804
- **NAICS:** 337110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $885K
- **Initial approval:** $885K
- **Forgiven:** $892K (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $885K
- **Jobs reported:** 81
## Lender
- **Originating:** First Federal Community Bank National Association
- **Servicing:** First Federal Community Bank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*