# PPP loan: SCHWAB BREWERY CORP
> **$393K** approved 04/07/2020 · Paid in Full · Loan `6893707007`
## Borrower
- **Name:** SCHWAB BREWERY CORP
- **Address:** 4215 44th Street, ROCK ISLAND, IL, 61201-7132
- **NAICS:** 312120
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $393K
- **Initial approval:** $393K
- **Forgiven:** $248K (63%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 41 months
## Use of funds
- **Payroll:** $393K
- **Jobs reported:** 34
## Lender
- **Originating:** IH Mississippi Valley Credit Union
- **Servicing:** IH Mississippi Valley Credit Union (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*