# PPP loan: DAVID K & ELLEN M SCHMITZ INC
> **$709K** approved 04/09/2020 · Paid in Full · Loan `9011117010`
## Borrower
- **Name:** DAVID K & ELLEN M SCHMITZ INC
- **Address:** 700 S. RIVER ST, SPOONER, WI, 54801-9692
- **NAICS:** 445110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $709K
- **Initial approval:** $709K
- **Forgiven:** $716K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $532K
- **Mortgage interest:** $89K
- **Utilities:** $89K
- **Jobs reported:** 151
## Lender
- **Originating:** Johnson Bank
- **Servicing:** Johnson Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*