# PPP loan: ERNST HERTZBERG & SONS MONASTERY HILL BINDERY
> **$338K** approved 04/27/2020 · Paid in Full · Loan `4753157203`
## Borrower
- **Name:** ERNST HERTZBERG & SONS MONASTERY HILL BINDERY
- **Address:** 1751 W. BELMONT AVE, CHICAGO, IL, 60657-3019
- **NAICS:** 323120
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $338K
- **Initial approval:** $338K
- **Forgiven:** $339K (100%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $253K
- **Mortgage interest:** $42K
- **Utilities:** $42K
- **Jobs reported:** 29
## Lender
- **Originating:** The Citizens State Bank of Ouray
- **Servicing:** The Citizens State Bank of Ouray (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*