# PPP loan: JAROSCH BAKERY
> **$389K** approved 04/08/2020 · Paid in Full · Loan `8211897010`
## Borrower
- **Name:** JAROSCH BAKERY
- **Address:** 35 ARLINGTON HEIGHTS RD, ELK GROVE VILLAGE, IL, 60007-1405
- **NAICS:** 311811
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $389K
- **Initial approval:** $389K
- **Forgiven:** $394K (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $292K
- **Mortgage interest:** $49K
- **Utilities:** $49K
- **Jobs reported:** 64
## Lender
- **Originating:** Schaumburg Bank & Trust Company, National Association
- **Servicing:** Schaumburg 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*