# PPP loan: SCHMITT BOULDER HILL LLC
> **$322K** approved 04/28/2020 · Paid in Full · Loan `1194137305`
## Borrower
- **Name:** SCHMITT BOULDER HILL LLC
- **Address:** 1975 DOWNER PL, AURORA, IL, 60506-4481
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $322K
- **Initial approval:** $322K
- **Forgiven:** $325K (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $270K
- **Rent:** $35K
- **Utilities:** $18K
- **Jobs reported:** 123
## Lender
- **Originating:** Old Second National Bank
- **Servicing:** Old Second National Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*