# PPP loan: SCHUMACHER TRANSPORTATION INC.
> **$162K** approved 01/29/2021 · Paid in Full · Loan `8495398304`
## Borrower
- **Name:** SCHUMACHER TRANSPORTATION INC.
- **Address:** 2020 Lovett Ave, Bismarck, ND, 58504-6737
- **NAICS:** 485310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $162K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $162K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** First Western Bank & Trust
- **Servicing:** First Western Bank & Trust (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*