PPP Loan information for Norman mechanical, inc.

$3,163,300

Norman mechanical, inc. was initially approved for PPP Loan of amount $3,163,300, the current approved amount is $3,163,300. The loan was approved on 04/05/2020 by The Cornerstone National Bank & Trust Company reported 140 jobs and $3,163,300 was used to fund payroll.

Norman mechanical, inc. is Existing or more than 2 years old

PPP Loan Search / IL / ELGIN / Norman mechanical, inc.

NORMAN MECHANICAL, INC.

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

NORMAN MECHANICAL, INC.

Borrower Address

1201 GATEWAY DR

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60124-7856

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3163300.00

Current Approval Amount

3163300.00

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

ELGIN

Project County Name

KANE

Project State

IL

Project Zip

60124-7856

CD

IL-08

Jobs Reported

140

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

158165.00

Payroll Proceed

2530640.00

Mortgage Interest Proceed

158165.00

Rent Proceed

316330.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3200293.04

Forgiveness Date

06/11/2021

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