# PPP loan: UMBRELLAS ON THE BEACH INC.
> **$255K** approved 01/21/2021 · Paid in Full · Loan `2995138306`
## Borrower
- **Name:** UMBRELLAS ON THE BEACH INC.
- **Address:** 5644 S Madison St, Hinsdale, IL, 60521-5113
- **NAICS:** 541810
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $255K
- **Initial approval:** $255K
- **Forgiven:** $257K (101%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $255K
- **Jobs reported:** 13
## 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*