Loberg Construction Co.

$899,375 PPP Loan in Palatine, Illinois

Loan Details

Loan Number
4071248303
Date Approved
Jan 22, 2021
Loan Status
Paid in Full
Initial Approval
$899,375
Current Approval
$899,375
Forgiveness Amount
$906,095
Forgiveness Date
Oct 26, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Loberg Construction Co.
Address
311 E Palatine Rd
ZIP Code
60067-5113
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$34.2M
Rural/Urban
Urban
Congressional District
IL-05

Loan Use Breakdown

Payroll
$899,371
Utilities
$1

Lender Information

Servicing Lender
Cornerstone National Bank & Trust Company
Originating Lender
Cornerstone National Bank & Trust Company

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