# PPP loan: KATLO INC.
> **$307K** approved 01/28/2021 · Charged Off · Loan `7388778300`
## Borrower
- **Name:** KATLO INC.
- **Address:** 101 N Johnson St, Woodstock, IL, 60098-3258
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $307K
- **Initial approval:** $307K
- **Status:** Charged Off
- **Term:** 42 months
## Use of funds
- **Payroll:** $307K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*