Loberg Construction Co.
$966,300 PPP Loan in Palatine, Illinois
Loan Details
- Loan Number
- 6709817006
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $966,300
- Current Approval
- $966,300
- Forgiveness Amount
- $974,245
- Forgiveness Date
- Feb 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Loberg Construction Co.
- Address
- 311 Illinois Ave
- City
- Palatine
- State
- Illinois
- ZIP Code
- 60067-7132
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (236220)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 81
- Estimated Revenue
- $92.3M
- Rural/Urban
- Urban
- Congressional District
- IL-08
Loan Use Breakdown
- Payroll
- $773,040
- Rent
- $96,630
- Utilities
- $48,315
- Debt Interest
- $48,315
Lender Information
- Servicing Lender
- Cornerstone National Bank & Trust Company
- Originating Lender
- Cornerstone National Bank & Trust Company
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