# PPP loan: JON E SCHMIDT & ASSOC, INC.
> **$193K** approved 04/09/2020 · Paid in Full · Loan `9980027006`
## Borrower
- **Name:** JON E SCHMIDT & ASSOC, INC.
- **Address:** 1551 N Flagler Drive Ste 102, WEST PALM BEACH, FL, 33405
- **NAICS:** 541320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $193K
- **Initial approval:** $193K
- **Forgiven:** $195K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $193K
- **Jobs reported:** 11
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*