# PPP loan: NORMAN G. OLSON INSURANCE AGENCY, INC.
> **$768K** approved 04/27/2020 · Paid in Full · Loan `6281097209`
## Borrower
- **Name:** NORMAN G. OLSON INSURANCE AGENCY, INC.
- **Address:** 3901 W 95th St, EVERGREEN PARK, IL, 60805
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $768K
- **Initial approval:** $768K
- **Forgiven:** $778K (101%)
- **Forgiveness date:** 09/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $576K
- **Mortgage interest:** $96K
- **Utilities:** $96K
- **Jobs reported:** 58
## Lender
- **Originating:** Beverly Bank & Trust Company, National Association
- **Servicing:** Beverly Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*