# PPP loan: MEDPROPERTIES, LLC
> **$150K** approved 04/05/2020 · Paid in Full · Loan `5494077006`
## Borrower
- **Name:** MEDPROPERTIES, LLC
- **Address:** 71 S WACKER DR Suite 3725, CHICAGO, IL, 60606-1340
- **NAICS:** 531210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $113K
- **Mortgage interest:** $36K
- **Utilities:** $2K
- **Jobs reported:** 8
## Lender
- **Originating:** Lake Forest Bank & Trust Company, National Association
- **Servicing:** Lake Forest Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*