Kroeschell, Inc.

$6,840,000 PPP Loan in Arlington Heights, Illinois

Loan Details

Loan Number
6204267001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$6,840,000
Current Approval
$6,840,000
Forgiveness Amount
$6,928,920
Forgiveness Date
Jul 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Kroeschell, Inc.
Address
3222 N Kennicott Ave
ZIP Code
60004-1428
Business Type
Employee Stock Ownership Plan(esop)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
300
Estimated Revenue
$98.7M
Rural/Urban
Urban
Congressional District
IL-05

Loan Use Breakdown

Payroll
$5,130,000
Utilities
$855,000
Mortgage Interest
$855,000

Lender Information

Servicing Lender
Barrington Bank & Trust Company, National Association
Originating Lender
Barrington Bank & Trust Company, National Association

Other PPP Loans in Arlington Heights, IL

BusinessApproved
Gurtz Electric Co.$10,000,000NewBizBotResearch
Advance Mechanical Systems, Inc.$7,500,000NewBizBotResearch
Paddock Publications, INC$4,001,700NewBizBotResearch
Atomatic Mechanical Services INC$3,814,600NewBizBotResearch
Weber Marking Systems, Inc.$3,222,978NewBizBotResearch

Want to research this company further?

Try NewBizBot free