# PPP loan: M. SCHAMROTH AND SONS
> **$277K** approved 04/08/2020 · Paid in Full · Loan `7767957005`
## Borrower
- **Name:** M. SCHAMROTH AND SONS
- **Address:** 580 5th Ave Suite 2304, NEW YORK, NY, 10036-0044
- **NAICS:** 423940
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $277K
- **Initial approval:** $277K
- **Forgiven:** $281K (101%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $277K
- **Jobs reported:** 21
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*