# PPP loan: SCHARMACH VENTURES, INC
> **$1.01M** approved 04/28/2020 · Paid in Full · Loan `6643797205`
## Borrower
- **Name:** SCHARMACH VENTURES, INC
- **Address:** 11550 Lake City Way NE, SEATTLE, WA, 98125
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.01M
- **Initial approval:** $1.01M
- **Forgiven:** $1.02M (101%)
- **Forgiveness date:** 07/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.01M
- **Jobs reported:** 61
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*