# PPP loan: SCHAUS-VORHIES CONTRACTING INC
> **$228K** approved 03/02/2021 · Paid in Full · Loan `6109298509`
## Borrower
- **Name:** SCHAUS-VORHIES CONTRACTING INC
- **Address:** 300 N 16th St Ste 400, Fairfield, IA, 52556-2607
- **NAICS:** 238120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $229K (100%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $228K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** MidWestOne Bank
- **Servicing:** MidWestOne Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*