# PPP loan: HERMAN AGENCY, INC
> **$259K** approved 04/10/2020 · Paid in Full · Loan `2581677101`
## Borrower
- **Name:** HERMAN AGENCY, INC
- **Address:** 715 Enterprise Drive, OAK BROOK, IL, 60523-1907
- **NAICS:** 524298
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $259K
- **Initial approval:** $259K
- **Forgiven:** $261K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $259K
- **Jobs reported:** 9
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*