# PPP loan: ALBERT F. HOFELD LTD.
> **$200K** approved 02/06/2021 · Paid in Full · Loan `4496118403`
## Borrower
- **Name:** ALBERT F. HOFELD LTD.
- **Address:** 30 N La Salle St Ste 3120, Chicago, IL, 60602-2576
- **NAICS:** 541110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $202K (101%)
- **Forgiveness date:** 05/24/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $200K
- **Jobs reported:** 13
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*