# PPP loan: BISHOP PLUMBING, HEATING AND COOLING, INC.
> **$231K** approved 04/08/2020 · Paid in Full · Loan `7691567009`
## Borrower
- **Name:** BISHOP PLUMBING, HEATING AND COOLING, INC.
- **Address:** 975 RAND RD, DES PLAINES, IL, 60016-2328
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $231K
- **Initial approval:** $231K
- **Forgiven:** $232K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $185K
- **Rent:** $23K
- **Utilities:** $12K
- **Debt interest:** $12K
- **Jobs reported:** 11
## 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*