Norman Mechanical Inc.

$2,000,000 PPP Loan in Elgin, Illinois

Loan Details

Loan Number
6998708304
Date Approved
Jan 27, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,018,222
Forgiveness Date
Dec 27, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Norman Mechanical Inc.
Address
1201 Gateway Dr
City
Elgin
ZIP Code
60124-7856
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
142
Estimated Revenue
$44.9M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$1,999,998
Utilities
$1

Lender Information

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

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