# PPP loan: SCHMITZ CONSULTING CORP.
> **$242K** approved 01/27/2021 · Paid in Full · Loan `6734008302`
## Borrower
- **Name:** SCHMITZ CONSULTING CORP.
- **Address:** 12941 Overlook Rd, Dayton, MN, 55327-9679
- **NAICS:** 541618
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $244K (100%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $242K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** Vibrant Credit Union
- **Servicing:** Vibrant Credit Union (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*