# PPP loan: TELEMEDICO PHYSICIANS, S.C.
> **$267K** approved 04/07/2020 · Paid in Full · Loan `7530227000`
## Borrower
- **Name:** TELEMEDICO PHYSICIANS, S.C.
- **Address:** 550 W FRONTAGE RD Suite 3756, NORTHFIELD, IL, 60093-1202
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $267K
- **Initial approval:** $267K
- **Forgiven:** $270K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Rent:** $20K
- **Mortgage interest:** $20K
- **Utilities:** $27K
- **Jobs reported:** 11
## 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*