# PPP loan: MARCHANT SCHMIDT INC
> **$1.91M** approved 01/27/2021 · Paid in Full · Loan `6401828303`
## Borrower
- **Name:** MARCHANT SCHMIDT INC
- **Address:** 24 W Larsen Dr, Fond du Lac, WI, 54937-8518
- **NAICS:** 333241
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.91M
- **Initial approval:** $1.91M
- **Forgiven:** $1.93M (101%)
- **Forgiveness date:** 11/05/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.91M
- **Utilities:** $1
- **Jobs reported:** 145
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*