# PPP loan: JOHN M. BABBINGTON & ASSOCATES
> **$1.45M** approved 04/09/2020 · Paid in Full · Loan `9987197003`
## Borrower
- **Name:** JOHN M. BABBINGTON & ASSOCATES
- **Address:** 120 North LaSalle Street, 31st Floor 0.0, Chicago, IL, 60602-2412
- **NAICS:** 541110
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.45M
- **Initial approval:** $1.45M
- **Forgiven:** $1.46M (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.08M
- **Rent:** $192K
- **Utilities:** $2K
- **Health care:** $167K
- **Jobs reported:** 81
## 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*