PPP Loan information for Katco development inc

$504,525

Katco development inc was initially approved for PPP Loan of amount $504,525, the current approved amount is $504,525. The loan was approved on 04/10/2020 by The Busey Bank reported 27 jobs and $504,525 was used to fund payroll.

Katco development inc is Existing or more than 2 years old

PPP Loan Search / IL / Mount Prospect / Katco development inc

KATCO DEVELOPMENT INC

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

KATCO DEVELOPMENT INC

Borrower Address

415 S William St

Borrower City

Mount Prospect

Borrower State

IL

Borrower Zip

60056-3335

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

504525.00

Current Approval Amount

504525.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mount Prospect

Project County Name

COOK

Project State

IL

Project Zip

60056-3335

CD

IL-05

Jobs Reported

27

NAICS Code

237110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

504525.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

497409.73

Forgiveness Date

11/09/2020

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