# PPP loan: KATALYST TECHNOLOGIES INC
> **$2.11M** approved 04/29/2020 · Exemption 4 · Loan `4427027302`
## Borrower
- **Name:** KATALYST TECHNOLOGIES INC
- **Address:** 500  DAVIS STREET, EVANSTON, IL, 60201
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.11M
- **Initial approval:** $2.11M
- **Status:** Exemption 4
- **Term:** 2 months
## Use of funds
- **Payroll:** $1.58M
- **Rent:** $211K
- **Utilities:** $317K
- **Jobs reported:** 63
## Lender
- **Originating:** Wallis Bank
- **Servicing:** Wallis Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*