PPP Loan information for Kelso-burnett employee stock ownership plan

$10,000,000

Kelso-burnett employee stock ownership plan was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $10,000,000. The loan was approved on 04/08/2020 by The Old National Bank reported 318 jobs and $10,000,000 was used to fund payroll.

Kelso-burnett employee stock ownership plan is Existing or more than 2 years old

PPP Loan Search / IL / Rolling Meadows / Kelso-burnett employee stock ownership plan

KELSO-BURNETT EMPLOYEE STOCK OWNERSHIP PLAN

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

KELSO-BURNETT EMPLOYEE STOCK OWNERSHIP PLAN

Borrower Address

5200 Newport Dr

Borrower City

Rolling Meadows

Borrower State

IL

Borrower Zip

60008-3806

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

10000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rolling Meadows

Project County Name

COOK

Project State

IL

Project Zip

60008-3806

CD

IL-08

Jobs Reported

318

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

10000000.00

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

10116388.89

Forgiveness Date

06/11/2021

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