# PPP loan: DESMOND & AHERN, LTD.
> **$488K** approved 04/05/2020 · Paid in Full · Loan `5206657010`
## Borrower
- **Name:** DESMOND & AHERN, LTD.
- **Address:** 10827 S. WESTERN AVE, CHICAGO, IL, 60643-3206
- **NAICS:** 541211
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $488K
- **Initial approval:** $488K
- **Forgiven:** $491K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $392K
- **Rent:** $73K
- **Utilities:** $23K
- **Jobs reported:** 30
## Lender
- **Originating:** Cornerstone National Bank & Trust Company
- **Servicing:** Cornerstone National Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*