# PPP loan: SCHERZER INTERNATIONAL CORPORATION
> **$817K** approved 04/08/2020 · Paid in Full · Loan `8574847005`
## Borrower
- **Name:** SCHERZER INTERNATIONAL CORPORATION
- **Address:** 21650 Oxnard Street, Suite 300, WOODLAND HILLS, CA, 91367-4901
- **NAICS:** 561611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $817K
- **Initial approval:** $817K
- **Forgiven:** $823K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $669K
- **Rent:** $82K
- **Health care:** $66K
- **Jobs reported:** 58
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*