# PPP loan: NOVAK AND PARKER, INC
> **$247K** approved 04/06/2020 · Paid in Full · Loan `5926907000`
## Borrower
- **Name:** NOVAK AND PARKER, INC
- **Address:** 1016 E Northwest Highway, MOUNT PROSPECT, IL, 60056-3445
- **NAICS:** 443141
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $249K (101%)
- **Forgiveness date:** 06/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $246K
- **Utilities:** $540
- **Jobs reported:** 24
## Lender
- **Originating:** Midland States Bank
- **Servicing:** Midland States Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*