# PPP loan: BAXTER & WOODMAN, INC
> **$4.45M** approved 04/06/2020 · Paid in Full · Loan `6246657009`
## Borrower
- **Name:** BAXTER & WOODMAN, INC
- **Address:** 8678 Ridgefield Rd, CRYSTAL LAKE, IL, 60012-2714
- **NAICS:** 541330
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.45M
- **Initial approval:** $4.45M
- **Forgiven:** $4.50M (101%)
- **Forgiveness date:** 05/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.34M
- **Rent:** $668K
- **Utilities:** $445K
- **Jobs reported:** 239
## Lender
- **Originating:** St. Charles Bank & Trust Company, National Association
- **Servicing:** St. Charles Bank & 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*