# PPP loan: DEBOFSKY SHERMAN CASCIARI REYNOLDS P.C.
> **$260K** approved 04/16/2020 · Exemption 4 · Loan `2653697205`
## Borrower
- **Name:** DEBOFSKY SHERMAN CASCIARI REYNOLDS P.C.
- **Address:** 150 N WACKER DR STE 1925, CHICAGO, IL, 60606
- **NAICS:** 541110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $260K
- **Initial approval:** $260K
- **Forgiven:** $185K (71%)
- **Forgiveness date:** 06/15/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $140K
- **Rent:** $60K
- **Health care:** $60K
- **Jobs reported:** 9
## 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*