# PPP loan: SCH, INC.
> **$228K** approved 04/07/2020 · Paid in Full · Loan `7386737005`
## Borrower
- **Name:** SCH, INC.
- **Address:** 101 ST. NICHOLAS DRIVE, NORTH POLE, AK, 99705-7695
- **NAICS:** 451120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $231K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $228K
- **Jobs reported:** 24
## Lender
- **Originating:** Mt. McKinley Bank
- **Servicing:** Mt. McKinley Bank (AK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*