# PPP loan: SPENCE P.C.
> **$176K** approved 01/23/2021 · Paid in Full · Loan `5010928307`
## Borrower
- **Name:** SPENCE P.C.
- **Address:** 515 N State St Fl 14, Chicago, IL, 60654-2783
- **NAICS:** 541110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $178K (101%)
- **Forgiveness date:** 02/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $176K
- **Jobs reported:** 10
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*