# PPP loan: KOLE CONSTRUCTION COMPANY OF LEMONT, INC
> **$6.55M** approved 04/05/2020 · Paid in Full · Loan `5459547010`
## Borrower
- **Name:** KOLE CONSTRUCTION COMPANY OF LEMONT, INC
- **Address:** 1404 Sherman Road, ROMEOVILLE, IL, 60446-4046
- **NAICS:** 238350
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.55M
- **Initial approval:** $6.55M
- **Forgiven:** $6.27M (96%)
- **Forgiveness date:** 11/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.91M
- **Mortgage interest:** $546K
- **Utilities:** $546K
- **Health care:** $546K
- **Jobs reported:** 260
## Lender
- **Originating:** Old Plank Trail Community Bank, National Association
- **Servicing:** Old Plank Trail Community Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*