# PPP loan: T.A. SCHMIDT TRUCKING INC.
> **$216K** approved 04/07/2020 · Paid in Full · Loan `6530367002`
## Borrower
- **Name:** T.A. SCHMIDT TRUCKING INC.
- **Address:** 110 Industrial Drive, MOMENCE, IL, 60954-3998
- **NAICS:** 484121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $216K
- **Initial approval:** $216K
- **Forgiven:** $218K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $216K
- **Jobs reported:** 19
## Lender
- **Originating:** First Community Bank and Trust
- **Servicing:** First Community Bank and Trust (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*