PPP Loan information for Loberg construction co.

$966,300

Loberg construction co. was initially approved for PPP Loan of amount $966,300, the current approved amount is $966,300. The loan was approved on 04/07/2020 by The Cornerstone National Bank & Trust Company reported 81 jobs and $966,300 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

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

LOBERG CONSTRUCTION CO.

Borrower Address

311 ILLINOIS AVE

Borrower City

PALATINE

Borrower State

IL

Borrower Zip

60067-7132

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

966300.00

Current Approval Amount

966300.00

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

60067-7132

CD

IL-08

Jobs Reported

81

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

48315.00

Payroll Proceed

773040.00

Mortgage Interest Proceed

0.00

Rent Proceed

96630.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

48315

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

974245.13

Forgiveness Date

02/09/2021

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