# PPP loan: AC SCHOMMER AND SONS, INC.
> **$1.20M** approved 04/28/2020 · Paid in Full · Loan `7435687207`
## Borrower
- **Name:** AC SCHOMMER AND SONS, INC.
- **Address:** 6421 NE COLWOOD WAY, PORTLAND, OR, 97218-2755
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.20M
- **Initial approval:** $1.20M
- **Forgiven:** $1.21M (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.20M
- **Jobs reported:** 56
## Lender
- **Originating:** Umpqua Bank
- **Servicing:** Umpqua Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*