# PPP loan: KATS & SONS INC.
> **$282K** approved 01/21/2021 · Paid in Full · Loan `2614808303`
## Borrower
- **Name:** KATS & SONS INC.
- **Address:** 11320 Southwest Hwy, Palos Hills, IL, 60465-2717
- **NAICS:** 238110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $282K
- **Initial approval:** $282K
- **Forgiven:** $284K (101%)
- **Forgiveness date:** 01/31/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $282K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** CNB Bank and Trust, National Association
- **Servicing:** CNB Bank and Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*