# PPP loan: RHEUMATOLOGY ASSOCIATES,S.C.
> **$1.97M** approved 05/05/2020 · Paid in Full · Loan `1945327403`
## Borrower
- **Name:** RHEUMATOLOGY ASSOCIATES,S.C.
- **Address:** 1725 West Harrison Street, Chicago, IL, 60612
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.97M
- **Initial approval:** $1.97M
- **Forgiven:** $388K (20%)
- **Forgiveness date:** 06/30/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.48M
- **Rent:** $246K
- **Utilities:** $246K
- **Jobs reported:** 18
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*