# PPP loan: PM SCHMIDT ENTERPRISE, INC
> **$177K** approved 04/09/2020 · Paid in Full · Loan `9409397002`
## Borrower
- **Name:** PM SCHMIDT ENTERPRISE, INC
- **Address:** 11 East Wisconsin Street, TRENTON, IL, 62293-1403
- **NAICS:** 339999
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $178K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $132K
- **Rent:** $44K
- **Jobs reported:** 22
## Lender
- **Originating:** Carrollton Bank
- **Servicing:** Carrollton Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*