# PPP loan: ROBERT E HUMMEL CONSTRUCTION COMPANY INC.
> **$560K** approved 04/09/2020 · Paid in Full · Loan `8852807005`
## Borrower
- **Name:** ROBERT E HUMMEL CONSTRUCTION COMPANY INC.
- **Address:** 601 E BURNETT RD, ISLAND LAKE, IL, 60042-9200
- **NAICS:** 531312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $560K
- **Initial approval:** $560K
- **Forgiven:** $566K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $448K
- **Rent:** $56K
- **Utilities:** $28K
- **Debt interest:** $28K
- **Jobs reported:** 18
## 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*