# PPP loan: RSCHENK INC.
> **$172K** approved 04/28/2020 · Paid in Full · Loan `8254777205`
## Borrower
- **Name:** RSCHENK INC.
- **Address:** 114 E Main St, MADISON, WI, 53703-3316
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $29K (17%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $29K
- **Jobs reported:** 5
## Lender
- **Originating:** The Park Bank
- **Servicing:** The Park Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*