# PPP loan: GASTORF-SCHRUMPF MOTORS, INC
> **$474K** approved 04/09/2020 · Paid in Full · Loan `9276157006`
## Borrower
- **Name:** GASTORF-SCHRUMPF MOTORS, INC
- **Address:** 1490 E VETERANS MEMORIAL PKWY, TRUESDALE, MO, 63380-1316
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $474K
- **Initial approval:** $474K
- **Forgiven:** $477K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $427K
- **Mortgage interest:** $28K
- **Utilities:** $19K
- **Jobs reported:** 31
## Lender
- **Originating:** Jonesburg State Bank
- **Servicing:** Jonesburg State Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*