# PPP loan: SCHUMACHER COMPANY, L.C.
> **$362K** approved 04/06/2020 · Paid in Full · Loan `6401537009`
## Borrower
- **Name:** SCHUMACHER COMPANY, L.C.
- **Address:** 502 W 1st Ave, DURANT, IA, 52747-7712
- **NAICS:** 333111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $362K
- **Initial approval:** $362K
- **Forgiven:** $364K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $362K
- **Jobs reported:** 32
## Lender
- **Originating:** Liberty Trust & Savings Bank
- **Servicing:** Liberty Trust & Savings Bank (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*