# PPP loan: KOCH DEVELOPMENT CORPORATION
> **$4.66M** approved 03/13/2021 · Paid in Full · Loan `1244028607`
## Borrower
- **Name:** KOCH DEVELOPMENT CORPORATION
- **Address:** 452 E Christmas Blvd, Santa Claus, IN, 47579-6152
- **NAICS:** 713110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.66M
- **Initial approval:** $4.66M
- **Forgiven:** $4.36M (94%)
- **Forgiveness date:** 03/07/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $4.66M
- **Jobs reported:** 466
## Lender
- **Originating:** Old National Bank
- **Servicing:** Old National Bank (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*