# PPP loan: CHEF KLAUS BIER STUBE INC.
> **$306K** approved 01/27/2021 · Paid in Full · Loan `6514698308`
## Borrower
- **Name:** CHEF KLAUS BIER STUBE INC.
- **Address:** 20827 S La Grange Rd, Frankfort, IL, 60423-1379
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $306K
- **Initial approval:** $306K
- **Forgiven:** $310K (101%)
- **Forgiveness date:** 06/30/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $306K
- **Jobs reported:** 25
## Lender
- **Originating:** First Midwest Bank, A Division of Old National Bank
- **Servicing:** Old National Bank (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*