# PPP loan: AUGUST SCHELL ENTERPRISES INC
> **$1.40M** approved 04/27/2020 · Paid in Full · Loan `3960097207`
## Borrower
- **Name:** AUGUST SCHELL ENTERPRISES INC
- **Address:** 51 MONROE ST Suite 1802, ROCKVILLE, MD, 20850-2421
- **NAICS:** 541519
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.40M
- **Initial approval:** $1.40M
- **Forgiven:** $1.41M (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.40M
- **Jobs reported:** 71
## Lender
- **Originating:** First Southern Bank
- **Servicing:** First Southern Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*