# PPP loan: STRAUB BUILDERS, INC.
> **$1.27M** approved 04/08/2020 · Paid in Full · Loan `8759007007`
## Borrower
- **Name:** STRAUB BUILDERS, INC.
- **Address:** 660 SCHNEIDER DR, SOUTH ELGIN, IL, 60177-1154
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.27M
- **Initial approval:** $1.27M
- **Forgiven:** $1.28M (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $952K
- **Rent:** $190K
- **Utilities:** $127K
- **Jobs reported:** 57
## 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*