# PPP loan: DERMATOLOGY SPECIALISTS OF ILLINOIS, LTD
> **$246K** approved 04/27/2020 · Paid in Full · Loan `3795277208`
## Borrower
- **Name:** DERMATOLOGY SPECIALISTS OF ILLINOIS, LTD
- **Address:** 2430 ESPLANADE DR. SUITE B, ALGONQUIN, IL, 60102-5500
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $246K
- **Initial approval:** $246K
- **Forgiven:** $248K (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $170K
- **Rent:** $70K
- **Utilities:** $6K
- **Jobs reported:** 24
## Lender
- **Originating:** Michigan State University Federal Credit Union
- **Servicing:** Michigan State University FCU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*