PPP Loan information for Norman mechanical inc.

$2,000,000

Norman mechanical inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/27/2021 by The Cornerstone National Bank & Trust Company reported 142 jobs and $2,000,000 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

01/27/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

NORMAN MECHANICAL INC.

Borrower Address

1201 Gateway Dr

Borrower City

Elgin

Borrower State

IL

Borrower Zip

60124-7856

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

142

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2018222.22

Forgiveness Date

12/27/2021

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