# PPP loan: THE SCHLUETER COMPANY
> **$270K** approved 04/08/2020 · Paid in Full · Loan `8151607001`
## Borrower
- **Name:** THE SCHLUETER COMPANY
- **Address:** 112 E. Centerway St., JANESVILLE, WI, 53547-3081
- **NAICS:** 423820
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $270K
- **Initial approval:** $270K
- **Forgiven:** $272K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $203K
- **Utilities:** $68K
- **Jobs reported:** 25
## Lender
- **Originating:** Johnson Bank
- **Servicing:** Johnson Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*