# PPP loan: SCHURZ COMMUNICATIONS INC
> **$8.47M** approved 04/15/2020 · Paid in Full · Loan `9771547100`
## Borrower
- **Name:** SCHURZ COMMUNICATIONS INC
- **Address:** 1301 E DOUGLAS RD, SUITE 200, MISHAWAKA, IN, 46545-1732
- **NAICS:** 515210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $8.47M
- **Initial approval:** $8.47M
- **Forgiven:** $7.24M (85%)
- **Forgiveness date:** 11/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $8.47M
- **Jobs reported:** 415
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*