# PPP loan: SCHIFFMAN'S INC.
> **$1.27M** approved 03/12/2021 · Paid in Full · Loan `9156168501`
## Borrower
- **Name:** SCHIFFMAN'S INC.
- **Address:** 225 S Elm St, Greensboro, NC, 27401-2602
- **NAICS:** 448310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.27M
- **Initial approval:** $1.27M
- **Forgiven:** $1.28M (101%)
- **Forgiveness date:** 01/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.27M
- **Jobs reported:** 97
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*