# PPP loan: SCHWEGEL PHYSICAL THERAPY PC
> **$602K** approved 04/08/2020 · Paid in Full · Loan `8269927009`
## Borrower
- **Name:** SCHWEGEL PHYSICAL THERAPY PC
- **Address:** 1719 Clawson Street, ALTON, IL, 62002-4702
- **NAICS:** 621340
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $602K
- **Initial approval:** $602K
- **Forgiven:** $607K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $451K
- **Rent:** $150K
- **Jobs reported:** 46
## Lender
- **Originating:** Carrollton Bank
- **Servicing:** Carrollton Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*