# PPP loan: NOVAK CONSTRUCTION COMPANY
> **$1.61M** approved 02/14/2021 · Paid in Full · Loan `8925188410`
## Borrower
- **Name:** NOVAK CONSTRUCTION COMPANY
- **Address:** 3423 N Drake Ave # 2, Chicago, IL, 60618-5449
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.61M
- **Initial approval:** $1.61M
- **Forgiven:** $1.62M (101%)
- **Forgiveness date:** 12/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.61M
- **Utilities:** $1
- **Jobs reported:** 74
## Lender
- **Originating:** Wheaton Bank & Trust Company, National Association
- **Servicing:** Wheaton 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*