# PPP loan: SCHMIT BROS. AUTO, INC.
> **$420K** approved 04/07/2020 · Paid in Full · Loan `6486797004`
## Borrower
- **Name:** SCHMIT BROS. AUTO, INC.
- **Address:** 925 E Green Bay Ave, SAUKVILLE, WI, 53080-2620
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $420K
- **Initial approval:** $420K
- **Forgiven:** $425K (101%)
- **Forgiveness date:** 04/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $420K
- **Jobs reported:** 42
## Lender
- **Originating:** The Port Washington State Bank
- **Servicing:** The Port Washington State Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*