# PPP loan: SCHULTZ SUPPLY COMPANY
> **$689K** approved 01/29/2021 · Paid in Full · Loan `8359568302`
## Borrower
- **Name:** SCHULTZ SUPPLY COMPANY
- **Address:** 3215 S 59th Ave, Cicero, IL, 60804-3805
- **NAICS:** 423440
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $689K
- **Initial approval:** $689K
- **Forgiven:** $695K (101%)
- **Forgiveness date:** 12/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $689K
- **Utilities:** $1
- **Jobs reported:** 47
## Lender
- **Originating:** First American Bank
- **Servicing:** First American Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*