# PPP loan: SCHAKE INDUSTRIES INC
> **$318K** approved 01/31/2021 · Paid in Full · Loan `9872388302`
## Borrower
- **Name:** SCHAKE INDUSTRIES INC
- **Address:** 3467 State Route 257, Seneca, PA, 16346-2927
- **NAICS:** 332312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $318K
- **Initial approval:** $318K
- **Forgiven:** $320K (101%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $318K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** First National Bank of Pennsylvania
- **Servicing:** First National Bank of Pennsylvania (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*