# PPP loan: CONNOR ELECTRIC SERVICES INC.
> **$1.52M** approved 04/09/2020 · Paid in Full · Loan `9697567009`
## Borrower
- **Name:** CONNOR ELECTRIC SERVICES INC.
- **Address:** 649 ESTES AVE, SCHAUMBURG, IL, 60193-4402
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.52M
- **Initial approval:** $1.52M
- **Forgiven:** $1.54M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.22M
- **Rent:** $228K
- **Utilities:** $76K
- **Jobs reported:** 44
## 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*