Schmitt-Eola Partnership

$94,700 PPP Loan in Aurora, Illinois

Loan Details

Loan Number
7216977200
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$94,700
Current Approval
$94,700
Forgiveness Amount
$95,431
Forgiveness Date
Feb 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schmitt-Eola Partnership
Address
1975 W Downer Pl Ste 302
City
Aurora
ZIP Code
60506-4480
Business Type
Partnership
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Mcdonalds
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$6.2M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$77,804
Rent
$10,000
Utilities
$6,896

Lender Information

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

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