# PPP loan: J & J SCHLAEGEL, INC
> **$267K** approved 04/14/2020 · Paid in Full · Loan `6715127105`
## Borrower
- **Name:** J & J SCHLAEGEL, INC
- **Address:** 1250 East US HIGHWAY 36, URBANA, OH, 43078-8002
- **NAICS:** 237310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $267K
- **Initial approval:** $267K
- **Forgiven:** $270K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $258K
- **Rent:** $6K
- **Utilities:** $2K
- **Health care:** $900
- **Jobs reported:** 14
## Lender
- **Originating:** Civista Bank
- **Servicing:** Civista Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*