# PPP loan: SCHENCK AND COMPANY
> **$289K** approved 01/30/2021 · Paid in Full · Loan `8721638303`
## Borrower
- **Name:** SCHENCK AND COMPANY
- **Address:** 4408 N Main St, Houston, TX, 77009-5129
- **NAICS:** 238330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $289K
- **Initial approval:** $289K
- **Forgiven:** $291K (101%)
- **Forgiveness date:** 01/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $289K
- **Jobs reported:** 20
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*