# PPP loan: HIFFMAN ASSET MANAGEMENT LLC
> **$1.87M** approved 04/10/2020 · Paid in Full · Loan `1712347103`
## Borrower
- **Name:** HIFFMAN ASSET MANAGEMENT LLC
- **Address:** 1 OAKBROOK TER Suite 400, OAKBROOK TERRACE, IL, 60181-4438
- **NAICS:** 531312
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.87M
- **Initial approval:** $1.87M
- **Forgiven:** $1.88M (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.81M
- **Rent:** $53K
- **Utilities:** $6K
- **Jobs reported:** 160
## 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*