# PPP loan: SCHEER SURGICAL SC
> **$164K** approved 04/09/2020 · Paid in Full · Loan `9205827009`
## Borrower
- **Name:** SCHEER SURGICAL SC
- **Address:** 20 Tower Court Suite A, LIBERTYVILLE, IL, 60048
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $166K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $123K
- **Mortgage interest:** $39K
- **Utilities:** $2K
- **Jobs reported:** 12
## Lender
- **Originating:** Libertyville Bank & Trust Company, National Association
- **Servicing:** Libertyville Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*