# PPP loan: SANJAY PETHKAR MDSC
> **$262K** approved 05/01/2020 · Charged Off · Loan `1121547701`
## Borrower
- **Name:** SANJAY PETHKAR MDSC
- **Address:** 13415 S ROUTE 59, PLAINFIELD, IL, 60585
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $262K
- **Initial approval:** $262K
- **Forgiven:** $232K (89%)
- **Forgiveness date:** 10/13/2022
- **Status:** Charged Off
- **Term:** 83 months
## Use of funds
- **Payroll:** $193K
- **Rent:** $62K
- **Health care:** $7K
- **Jobs reported:** 15
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*