# PPP loan: NUCORE ELECTRIC, INC.
> **$1.23M** approved 04/08/2020 · Paid in Full · Loan `8712267007`
## Borrower
- **Name:** NUCORE ELECTRIC, INC.
- **Address:** 651 S. Sutton, Suite #305, STREAMWOOD, IL, 60107-2366
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.23M
- **Initial approval:** $1.23M
- **Forgiven:** $1.24M (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $981K
- **Rent:** $123K
- **Mortgage interest:** $61K
- **Utilities:** $61K
- **Jobs reported:** 159
## 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*