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Konrad Construction Company

$1,160,000 PPP Loan in Johnsburg, Illinois

Loan Details

Loan Number
6207337004
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,160,000
Current Approval
$1,160,000
Forgiveness Amount
$1,171,250
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Konrad Construction Company
Address
5701 Weatherstone Way
City
Johnsburg
State
Illinois
ZIP Code
60051-8431
Business Type
Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
55
Estimated Revenue
$62.7M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$870,000
Rent
$232,000
Utilities
$58,000

Lender Information

Servicing Lender
Sterling Bank
Originating Lender
Sterling Bank

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