PPP Loan information for Berkot, ltd

$3,920,400

Berkot, ltd was initially approved for PPP Loan of amount $3,920,400, the current approved amount is $3,920,400. The loan was approved on 04/14/2020 by The Old Second National Bank reported 500 jobs and $3,920,400 was used to fund payroll.

Berkot, ltd is Existing or more than 2 years old

PPP Loan Search / IL / JOLIET / Berkot, ltd

BERKOT, LTD

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BERKOT, LTD

Borrower Address

1913 S. BRIGGS ST

Borrower City

JOLIET

Borrower State

IL

Borrower Zip

60433-9537

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3920400.00

Current Approval Amount

3920400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JOLIET

Project County Name

WILL

Project State

IL

Project Zip

60433-9537

CD

IL-14

Jobs Reported

500

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

499984.00

Payroll Proceed

2940416.00

Mortgage Interest Proceed

132000.00

Rent Proceed

348000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3975067.80

Forgiveness Date

09/02/2021

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