# PPP loan: SCHOLL DAIRY CO., INC.
> **$150K** approved 04/08/2020 · Paid in Full · Loan `8500357008`
## Borrower
- **Name:** SCHOLL DAIRY CO., INC.
- **Address:** 1320 Hwy. 212, MICHIGAN CITY, IN, 46360
- **NAICS:** 812990
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $60K
- **Mortgage interest:** $45K
- **Utilities:** $45K
- **Jobs reported:** 16
## Lender
- **Originating:** Horizon Bank
- **Servicing:** Horizon Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*