# PPP loan: W. WILLIAM SCHMIDT & ASSOCIATES, INC.
> **$510K** approved 04/09/2020 · Paid in Full · Loan `9342857003`
## Borrower
- **Name:** W. WILLIAM SCHMIDT & ASSOCIATES, INC.
- **Address:** 241 MANSFIELD INDUSTRIAL PKWY, MANSFIELD, OH, 44903-8800
- **NAICS:** 561621
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $510K
- **Initial approval:** $510K
- **Forgiven:** $513K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $415K
- **Mortgage interest:** $6K
- **Utilities:** $59K
- **Health care:** $23K
- **Debt interest:** $6K
- **Jobs reported:** 61
## Lender
- **Originating:** The Park National Bank
- **Servicing:** The Park National Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*