# PPP loan: SCHMIDT SALZMAN & MORAN, LTD
> **$393K** approved 04/06/2020 · Paid in Full · Loan `6117487010`
## Borrower
- **Name:** SCHMIDT SALZMAN & MORAN, LTD
- **Address:** 111 W. WASHINGTON ST, CHICAGO, IL, 60602-2515
- **NAICS:** 541110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $393K
- **Initial approval:** $393K
- **Forgiven:** $396K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $393K
- **Jobs reported:** 26
## Lender
- **Originating:** Albany Bank and Trust Company, National Association
- **Servicing:** Albany Bank and Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*