# PPP loan: THE SCHAEFER GROUP, INC
> **$1.75M** approved 04/14/2020 · Paid in Full · Loan `7218287100`
## Borrower
- **Name:** THE SCHAEFER GROUP, INC
- **Address:** 1300 GRANGE HALL RD, DAYTON, OH, 45430
- **NAICS:** 333994
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.75M
- **Initial approval:** $1.75M
- **Forgiven:** $1.77M (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.75M
- **Jobs reported:** 105
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*