# PPP loan: ILLINOIS SPINE INSTITUTE, S.C.
> **$256K** approved 04/15/2020 · Paid in Full · Loan `8155037102`
## Borrower
- **Name:** ILLINOIS SPINE INSTITUTE, S.C.
- **Address:** 500 W GOLF RD STE 101, SCHAUMBURG, IL, 60195
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $256K
- **Initial approval:** $256K
- **Forgiven:** $257K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $190K
- **Rent:** $44K
- **Mortgage interest:** $5K
- **Utilities:** $5K
- **Health care:** $12K
- **Jobs reported:** 15
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*