Schmitt-Lake Street, LLC

$124,100 PPP Loan in Aurora, Illinois

Loan Details

Loan Number
1367807304
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$124,100
Current Approval
$124,100
Forgiveness Amount
$125,034
Forgiveness Date
Feb 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schmitt-Lake Street, LLC
Address
1975 W Downer Pl Ste 302
City
Aurora
ZIP Code
60506-4480
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Mcdonalds
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
$7.5M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$97,556
Rent
$16,000
Utilities
$10,544

Lender Information

Servicing Lender
Old Second National Bank
Originating Lender
Old Second National Bank

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