PPP Loan information for Kocsis brothers machine co.

$1,808,090

Kocsis brothers machine co. was initially approved for PPP Loan of amount $1,808,000, the current approved amount is $1,808,090. The loan was approved on 04/06/2020 by The Old Plank Trail Community Bank, National Association reported 92 jobs and $1,808,090 was used to fund payroll.

Kocsis brothers machine co. is Existing or more than 2 years old

PPP Loan Search / IL / ALSIP / Kocsis brothers machine co.

KOCSIS BROTHERS MACHINE CO.

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

KOCSIS BROTHERS MACHINE CO.

Borrower Address

11755 S AUSTIN AVE

Borrower City

ALSIP

Borrower State

IL

Borrower Zip

60803-6002

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1808000.00

Current Approval Amount

1808090.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

438799

Servicing Lender Name

Old Plank Trail Community Bank, National Association

Servicing Lender Address

20012 Wolf Rd

Servicing Lender City

MOKENA

Servicing Lender State

IL

Servicing Lender Zip

60448-9953

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALSIP

Project County Name

COOK

Project State

IL

Project Zip

60803-6002

CD

IL-06

Jobs Reported

92

NAICS Code

333995

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

226011.00

Payroll Proceed

1356068.00

Mortgage Interest Proceed

226011.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

438799

Originating Lender

Old Plank Trail Community Bank, National Association

Originating Lender City

MOKENA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1820344.83

Forgiveness Date

12/16/2020

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