# PPP loan: KNUDSEN CONSTRUCTION INC
> **$1.13M** approved 04/07/2020 · Paid in Full · Loan `7644957005`
## Borrower
- **Name:** KNUDSEN CONSTRUCTION INC
- **Address:** 1440 Huntington Drive, CALUMET CITY, IL, 60409-5464
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.13M
- **Initial approval:** $1.13M
- **Forgiven:** $1.14M (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.00M
- **Mortgage interest:** $100K
- **Utilities:** $28K
- **Jobs reported:** 70
## Lender
- **Originating:** First Bank Chicago
- **Servicing:** First Bank Chicago (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*