# PPP loan: SPERLING & SLATER, PC
> **$1.24M** approved 04/07/2020 · Paid in Full · Loan `6476547006`
## Borrower
- **Name:** SPERLING & SLATER, PC
- **Address:** 55 W Monroe St Suite 3200, CHICAGO, IL, 60603-0002
- **NAICS:** 541110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.24M
- **Initial approval:** $930K
- **Forgiven:** $1.26M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $932K
- **Rent:** $186K
- **Utilities:** $124K
- **Jobs reported:** 48
## Lender
- **Originating:** Wintrust Bank, National Association
- **Servicing:** Wintrust Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*