# PPP loan: SCHWINTEK INC.
> **$224K** approved 01/30/2021 · Paid in Full · Loan `9453788310`
## Borrower
- **Name:** SCHWINTEK INC.
- **Address:** 310 Ranger Dr, Cassopolis, MI, 49031-9810
- **NAICS:** 332999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $224K
- **Initial approval:** $224K
- **Forgiven:** $226K (101%)
- **Forgiveness date:** 12/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $224K
- **Jobs reported:** 11
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*