PPP Loan information for Loberg construction co.

$899,375

Loberg construction co. was initially approved for PPP Loan of amount $899,375, the current approved amount is $899,375. The loan was approved on 01/22/2021 by The Cornerstone National Bank & Trust Company reported 30 jobs and $899,375 was used to fund payroll.

Loberg construction co. is Existing or more than 2 years old

PPP Loan Search / IL / Palatine / Loberg construction co.

LOBERG CONSTRUCTION CO.

Date Approved

01/22/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

LOBERG CONSTRUCTION CO.

Borrower Address

311 E Palatine Rd

Borrower City

Palatine

Borrower State

IL

Borrower Zip

60067-5113

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

899375.00

Current Approval Amount

899375.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203014

Servicing Lender Name

Cornerstone National Bank & Trust Company

Servicing Lender Address

One W Northwest Hwy

Servicing Lender City

PALATINE

Servicing Lender State

IL

Servicing Lender Zip

60067-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Palatine

Project County Name

COOK

Project State

IL

Project Zip

60067-5113

CD

IL-05

Jobs Reported

30

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

899371.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

203014

Originating Lender

Cornerstone National Bank & Trust Company

Originating Lender City

PALATINE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

906095.33

Forgiveness Date

10/26/2021

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