Berkot, Ltd

$3,920,400 PPP Loan in Joliet, Illinois

Loan Details

Loan Number
6861617108
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$3,920,400
Current Approval
$3,920,400
Forgiveness Amount
$3,975,068
Forgiveness Date
Sep 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Berkot, Ltd
Address
1913 S. Briggs St
City
Joliet
ZIP Code
60433-9537
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (445110)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$124.8M
Rural/Urban
Urban
Congressional District
IL-14

Loan Use Breakdown

Payroll
$2,940,416
Rent
$348,000
Utilities
$499,984
Mortgage Interest
$132,000

Lender Information

Servicing Lender
Old Second National Bank
Originating Lender
Old Second National Bank

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