# PPP loan: SCHBELL & MENNIE
> **$338K** approved 04/28/2020 · Paid in Full · Loan `9687157207`
## Borrower
- **Name:** SCHBELL & MENNIE
- **Address:** 1806 New Jersey 35, Ocean, NJ, 07755
- **NAICS:** 541110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $338K
- **Initial approval:** $338K
- **Forgiven:** $343K (101%)
- **Forgiveness date:** 09/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $288K
- **Rent:** $34K
- **Utilities:** $17K
- **Jobs reported:** 23
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*