# PPP loan: SCHULER-HAAS ELECTRIC CORP.
> **$5.11M** approved 04/07/2020 · Paid in Full · Loan `7498087005`
## Borrower
- **Name:** SCHULER-HAAS ELECTRIC CORP.
- **Address:** 240 COMMERCE DR, ROCHESTER, NY, 14623-3506
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.11M
- **Initial approval:** $5.11M
- **Forgiven:** $5.19M (102%)
- **Forgiveness date:** 10/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.11M
- **Jobs reported:** 325
## Lender
- **Originating:** ESL FCU
- **Servicing:** ESL FCU (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*