# PPP loan: SCHEFF LOGGING & TRUCKING INC
> **$457K** approved 04/15/2020 · Paid in Full · Loan `8763937105`
## Borrower
- **Name:** SCHEFF LOGGING & TRUCKING INC
- **Address:** 48985 State Hwy 38, Marcell, MN, 56657-2034
- **NAICS:** 113310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $457K
- **Initial approval:** $457K
- **Forgiven:** $460K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $457K
- **Jobs reported:** 46
## Lender
- **Originating:** First State Bank of Bigfork
- **Servicing:** First State Bank of Bigfork (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*