# PPP loan: SCHWEISS DISTRIBUTING INC.
> **$629K** approved 01/27/2021 · Paid in Full · Loan `6468118307`
## Borrower
- **Name:** SCHWEISS DISTRIBUTING INC.
- **Address:** 72121 470th St, Hector, MN, 55342-1241
- **NAICS:** 332321
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $629K
- **Initial approval:** $629K
- **Forgiven:** $632K (100%)
- **Forgiveness date:** 06/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $629K
- **Utilities:** $1
- **Jobs reported:** 50
## Lender
- **Originating:** Security Bank & Trust Company
- **Servicing:** Security Bank & Trust Company (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*