# PPP loan: KELCO INDUSTRIES, INC.
> **$1.85M** approved 04/04/2020 · Paid in Full · Loan `4856917002`
## Borrower
- **Name:** KELCO INDUSTRIES, INC.
- **Address:** 1425 Lake Ave, WOODSTOCK, IL, 60098-7419
- **NAICS:** 326299
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.85M
- **Initial approval:** $1.85M
- **Forgiven:** $1.87M (101%)
- **Forgiveness date:** 02/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.85M
- **Jobs reported:** 175
## Lender
- **Originating:** American Community Bank & Trust
- **Servicing:** American Community Bank & Trust (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*