# PPP loan: KOCOLENE DEVELOPMENT CORPORATION
> **$566K** approved 04/06/2020 · Paid in Full · Loan `5954847003`
## Borrower
- **Name:** KOCOLENE DEVELOPMENT CORPORATION
- **Address:** 2060 1st Avenue, SEYMOUR, IN, 47274-3321
- **NAICS:** 447110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $566K
- **Initial approval:** $566K
- **Forgiven:** $570K (101%)
- **Forgiveness date:** 11/20/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $566K
- **Jobs reported:** 80
## Lender
- **Originating:** First Financial Bank
- **Servicing:** First Financial Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*