# PPP loan: SCHOONOVER INDUSTRIES, INC.
> **$311K** approved 04/06/2020 · Paid in Full · Loan `6182387000`
## Borrower
- **Name:** SCHOONOVER INDUSTRIES, INC.
- **Address:** 1440 SIMONTON RD, ASHLAND, OH, 44805-1906
- **NAICS:** 332919
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $311K
- **Initial approval:** $311K
- **Forgiven:** $312K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $311K
- **Jobs reported:** 28
## Lender
- **Originating:** Main Street Bank Corp
- **Servicing:** Main Street Bank Corp (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*