# PPP loan: SCHMITT FOX VALLEY, INC.
> **$266K** approved 04/28/2020 · Paid in Full · Loan `1225337310`
## Borrower
- **Name:** SCHMITT FOX VALLEY, INC.
- **Address:** 1975 W. DOWNER PL, AURORA, IL, 60506-4481
- **NAICS:** 922110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $266K
- **Initial approval:** $266K
- **Forgiven:** $268K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $219K
- **Rent:** $29K
- **Utilities:** $18K
- **Jobs reported:** 97
## 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*