# PPP loan: PAUL'S FAMILY RESTAURANT INC.
> **$356K** approved 02/19/2021 · Paid in Full · Loan `1580848507`
## Borrower
- **Name:** PAUL'S FAMILY RESTAURANT INC.
- **Address:** 1300 Lawrence Ave, Elgin, IL, 60123-3363
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $356K
- **Initial approval:** $356K
- **Forgiven:** $339K (95%)
- **Forgiveness date:** 10/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $356K
- **Jobs reported:** 40
## Lender
- **Originating:** St. Charles Bank & Trust Company, National Association
- **Servicing:** St. Charles Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*