# PPP loan: SCHMIDTYS GARAGE LLC
> **$237K** approved 04/14/2020 · Paid in Full · Loan `7198727103`
## Borrower
- **Name:** SCHMIDTYS GARAGE LLC
- **Address:** 19300 BEACH BLVD, HUNTINGTON BEACH, CA, 92648-2592
- **NAICS:** 811111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $237K
- **Initial approval:** $660K
- **Forgiven:** $240K (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $237K
- **Jobs reported:** 17
## Lender
- **Originating:** Sunwest Bank
- **Servicing:** Sunwest Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*