# PPP loan: NOVAK CONSTRUCTION COMPANY
> **$1.94M** approved 04/10/2020 · Paid in Full · Loan `1797257109`
## Borrower
- **Name:** NOVAK CONSTRUCTION COMPANY
- **Address:** 3423 N Drake Ave, Chicago, IL, 60618-5404
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.94M
- **Initial approval:** $1.94M
- **Forgiven:** $1.96M (101%)
- **Forgiveness date:** 12/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.94M
- **Jobs reported:** 73
## Lender
- **Originating:** First Midwest Bank, A Division of Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*