# PPP loan: SCHWAB ENGINEERING INC.
> **$376K** approved 04/21/2021 · Paid in Full · Loan `7099568801`
## Borrower
- **Name:** SCHWAB ENGINEERING INC.
- **Address:** 22013 Gresham St, West Hills, CA, 91304-1321
- **NAICS:** 541330
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $376K
- **Initial approval:** $376K
- **Forgiven:** $380K (101%)
- **Forgiveness date:** 06/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $376K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*