# PPP loan: MORFIN CONSTRUCTION GENERAL CARPENTRY, INC.
> **$1.12M** approved 04/27/2020 · Paid in Full · Loan `6039797209`
## Borrower
- **Name:** MORFIN CONSTRUCTION GENERAL CARPENTRY, INC.
- **Address:** 730 N Larch Ave, ELMHURST, IL, 60126
- **NAICS:** 238350
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.12M
- **Initial approval:** $1.12M
- **Forgiven:** $1.13M (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $895K
- **Rent:** $112K
- **Mortgage interest:** $56K
- **Utilities:** $56K
- **Jobs reported:** 88
## Lender
- **Originating:** Cornerstone National Bank & Trust Company
- **Servicing:** Cornerstone National Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*