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  5. KATCO DEVELOPMENT, INC.

KATCO DEVELOPMENT, INC.

Company Details

Entity Name: KATCO DEVELOPMENT, INC.
Jurisdiction: Illinois
Entity Type: Corporation - Domestic BCA
Status: Goodstanding
Date Formed: 27 Jan 1997
Company Number: CORP_59237845
File Number: 59237845
Type of Business: All Inclusive Purpose
Address 415 S WILLIAMS ST, MOUNT PROSPECT, IL, 60056
Place of Formation: ILLINOIS

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
KATCO DEVELOPMENT, INC. 401(K) PLAN 2023 364139216 2024-10-15 KATCO DEVELOPMENT, INC. 5
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2015-01-01
Business code 238220
Sponsor’s telephone number 8472229662
Plan sponsor’s address 415 S. WILLIAM STREET, MOUNT PROSPECT, IL, 60056

Signature of
Role Plan administrator
Date 2024-10-15
Name of individual signing KAREN BARBA
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2024-10-15
Name of individual signing KAREN BARBA
Valid signature Filed with authorized/valid electronic signature
KATCO DEVELOPMENT, INC. 401(K) PLAN 2022 364139216 2023-10-10 KATCO DEVELOPMENT, INC. 5
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2015-01-01
Business code 238220
Sponsor’s telephone number 8472229662
Plan sponsor’s address 415 S. WILLIAM STREET, MOUNT PROSPECT, IL, 60056

Signature of
Role Plan administrator
Date 2023-10-10
Name of individual signing KAREN BARBA
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2023-10-10
Name of individual signing KAREN BARBA
Valid signature Filed with authorized/valid electronic signature
KATCO DEVELOPMENT, INC. 401(K) PLAN 2021 364139216 2022-10-14 KATCO DEVELOPMENT, INC. 5
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2015-01-01
Business code 238220
Sponsor’s telephone number 8472229662
Plan sponsor’s address 415 S. WILLIAM STREET, MT. PROSPECT, IL, 60056

Signature of
Role Plan administrator
Date 2022-10-14
Name of individual signing KAREN BARBA
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2022-10-14
Name of individual signing KAREN BARBA
Valid signature Filed with authorized/valid electronic signature
KATCO DEVELOPMENT, INC. 401(K) PLAN 2020 364139216 2022-10-13 KATCO DEVELOPMENT, INC. 4
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2015-01-01
Business code 238220
Sponsor’s telephone number 8472229662
Plan sponsor’s address 415 S. WILLIAM STREET, MT. PROSPECT, IL, 60056

Signature of
Role Plan administrator
Date 2022-10-13
Name of individual signing KAREN BARBA
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2022-10-13
Name of individual signing KAREN BARBA
Valid signature Filed with authorized/valid electronic signature
KATCO DEVELOPMENT, INC. 401(K) PLAN 2020 364139216 2021-10-11 KATCO DEVELOPMENT, INC. 4
Three-digit plan number (PN) 001
Effective date of plan 2015-01-01
Business code 238220
Sponsor’s telephone number 8472229662
Plan sponsor’s address 415 S. WILLIAM STREET, MT. PROSPECT, IL, 60056

Signature of
Role Plan administrator
Date 2021-10-11
Name of individual signing KAREN BARBA
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2021-10-11
Name of individual signing KAREN BARBA
Valid signature Filed with authorized/valid electronic signature
KATCO DEVELOPMENT, INC. 401(K) PLAN 2019 364139216 2020-10-12 KATCO DEVELOPMENT, INC. 3
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2015-01-01
Business code 238220
Sponsor’s telephone number 8472229662
Plan sponsor’s address 415 S. WILLIAM STREET, MT. PROSPECT, IL, 60056

Signature of
Role Plan administrator
Date 2020-10-12
Name of individual signing KAREN BARBA
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2020-10-12
Name of individual signing KAREN BARBA
Valid signature Filed with authorized/valid electronic signature
KATCO DEVELOPMENT, INC. 401(K) PLAN 2018 364139216 2019-05-30 KATCO DEVELOPMENT, INC. 5
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2015-01-01
Business code 238220
Sponsor’s telephone number 8472229662
Plan sponsor’s address 415 S. WILLIAM STREET, MT. PROSPECT, IL, 60056

Signature of
Role Plan administrator
Date 2019-05-30
Name of individual signing KAREN BARBA
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2019-05-30
Name of individual signing KAREN BARBA
Valid signature Filed with authorized/valid electronic signature
KATCO DEVELOPMENT, INC. 401(K) PLAN 2017 364139216 2018-07-26 KATCO DEVELOPMENT, INC. 4
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2015-01-01
Business code 238220
Sponsor’s telephone number 8472229662
Plan sponsor’s address 415 S. WILLIAM STREET, MT. PROSPECT, IL, 60056

Signature of
Role Plan administrator
Date 2018-07-26
Name of individual signing KAREN BARBA
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2018-07-26
Name of individual signing KAREN BARBA
Valid signature Filed with authorized/valid electronic signature
KATCO DEVELOPMENT, INC. 401(K) PLAN 2016 364139216 2017-09-27 KATCO DEVELOPMENT, INC. 4
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2015-01-01
Business code 238220
Sponsor’s telephone number 8472229662
Plan sponsor’s address 415 S. WILLIAM STREET, MT. PROSPECT, IL, 60056

Signature of
Role Plan administrator
Date 2017-09-27
Name of individual signing KAREN BARBA
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2017-09-27
Name of individual signing KAREN BARBA
Valid signature Filed with authorized/valid electronic signature
KATCO DEVELOPMENT, INC. 401(K) PLAN 2016 364139216 2017-09-26 KATCO DEVELOPMENT, INC. 4
Three-digit plan number (PN) 001
Effective date of plan 2015-01-01
Business code 238220
Sponsor’s telephone number 8472229662
Plan sponsor’s address 415 S. WILLIAM STREET, MT. PROSPECT, IL, 60056

Signature of
Role Plan administrator
Date 2017-09-26
Name of individual signing KAREN BARBA
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2017-09-26
Name of individual signing KAREN BARBA
Valid signature Filed with authorized/valid electronic signature

Agent

Name and Address Role Appointment Date
KAREN BARBA, 415 S WILLIAM ST, MT PROSPECT, 60056, COOK-NOT IN CITY OF CHICAGO Agent 2004-09-20

President

Name and Address Role Account Number
KAREN BARBA, 415 S WILLIAM STMT PROSPECT 60056 President No data
KAREN L BARBA President 260169

Secretary

Name and Address Role
KAREN BARBA, 415 S WILLIAM STMT PROSPECT 60056 Secretary

License

License Type License Number Status License Code License Description Business Activity Date Issued Effective Date Expiration Date
BUSINESS LICENSE 2206204 Issued 4404 Regulated Business License 673 - Home Repair Services 2023-03-16 2023-05-16 2025-05-15
BUSINESS LICENSE 1593080 Cancelled 1011 Home Repair No data 2011-04-26 2011-05-16 2013-05-15
BUSINESS LICENSE 1336437 Issued 1011 Home Repair No data 2004-07-26 2004-02-16 2005-02-15

Shares

Class Series Voting Rights Authorized Shares Issued Shares Par Value
COMMON No data Voting Rights 1000 100000 No data

OSHA's Inspections within Industry

Inspection Nr Report ID Date Opened Site Address
333879435 0524200 2012-04-16 ALGONQUIN RD. & BUSSE RD., MOUNT PROSPECT, IL, 60056
Inspection Type Planned
Scope Partial
Safety/Health Safety
Close Conference 2012-04-16
Emphasis N: TRENCH
Case Closed 2012-06-11

Violation Items
Citation ID 01001
Citaton Type Serious
Standard Cited 5A0001
Issuance Date 2012-06-01
Abatement Due Date 2012-06-04
Current Penalty 2800.0
Initial Penalty 2800.0
Final Order 2012-06-26
Nr Instances 1
Nr Exposed 1
Gravity 10
FTA Current Penalty 0.0
Citation text line OSH ACT of 1970 Section (5)(a)(1): The employer did not furnish employment and a place of employment which were free from recognized hazards that were causing or likely to cause death or serious physical harm to employees exposed to caught between, struck by, and fall hazards while riding inside the bucket of an excavator: a) Employees were not provided with safe means of access and egress while riding in and out of the trench inside the bucket of the Kobelco SK 350 excavator. Among other methods, one feasible and acceptable method to correct this hazard includes but not limited to the following: In accordance with Equipment Manufacturers Institute Safety Manual for Hydraulic Excavators, "No one shall be allowed to ride the attachment or load. This is an extremely dangerous practice." In accordance with 29 CFR 1903.19(d), abatement certification is required for this violation (using the CERTIFICATION OF CORRECTIVE ACTION WORKSHEET), and in addition, documentation demonstrating that abatement is complete must be included with your certification. This documentation may include, but is not limited to, evidence of the purchase or repair of the equipment, photographic or video evidence of abatement, or other written records.
313936163 0521700 2010-06-04 240 SAWYER AVE., LA GRANGE, IL, 60525
Inspection Type Planned
Scope Complete
Safety/Health Safety
Close Conference 2010-06-04
Emphasis S: STRUCK-BY, S: COMMERCIAL CONSTR, S: HWY STREET BRIDGE CONSTR, S: TRENCHING, N: TRENCH
Case Closed 2010-07-12

Violation Items
Citation ID 01001
Citaton Type Serious
Standard Cited 19260100 A
Issuance Date 2010-06-24
Abatement Due Date 2010-07-06
Current Penalty 420.0
Initial Penalty 600.0
Nr Instances 1
Nr Exposed 1
Gravity 02
Citation ID 01002
Citaton Type Serious
Standard Cited 19260651 C02
Issuance Date 2010-06-24
Abatement Due Date 2010-07-06
Current Penalty 420.0
Initial Penalty 600.0
Nr Instances 1
Nr Exposed 1
Gravity 02
Citation ID 01003A
Citaton Type Serious
Standard Cited 19260651 K01
Issuance Date 2010-06-24
Abatement Due Date 2010-07-12
Current Penalty 735.0
Initial Penalty 1050.0
Nr Instances 1
Nr Exposed 1
Gravity 05
Citation ID 01003B
Citaton Type Serious
Standard Cited 19260652 A01
Issuance Date 2010-06-24
Abatement Due Date 2010-07-06
Nr Instances 1
Nr Exposed 1
Gravity 05
302251632 0524200 1998-07-31 210 SKOKIE HWY., HIGHLAND PARK, IL, 60035
Inspection Type Planned
Scope Complete
Safety/Health Safety
Close Conference 1998-07-31
Emphasis N: TRENCH
Case Closed 1998-12-17

Violation Items
Citation ID 01001
Citaton Type Serious
Standard Cited 19260651 H01
Issuance Date 1998-08-10
Abatement Due Date 1998-08-13
Current Penalty 300.0
Initial Penalty 300.0
Contest Date 1998-08-28
Final Order 1998-11-30
Nr Instances 1
Nr Exposed 2
Gravity 02
Citation ID 01002
Citaton Type Serious
Standard Cited 19260651 J02
Issuance Date 1998-08-10
Abatement Due Date 1998-08-13
Current Penalty 300.0
Initial Penalty 300.0
Contest Date 1998-08-28
Final Order 1998-11-30
Nr Instances 1
Nr Exposed 3
Gravity 02
Citation ID 01003
Citaton Type Serious
Standard Cited 19260652 A01
Issuance Date 1998-08-10
Abatement Due Date 1998-08-13
Current Penalty 1000.0
Initial Penalty 1500.0
Contest Date 1998-08-28
Final Order 1998-11-30
Nr Instances 1
Nr Exposed 3
Gravity 10

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
1902947107 2020-04-10 0507 PPP 415 S William St, Mount Prospect, IL, 60056-3335
Loan Status Date 2020-12-08
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 504525
Loan Approval Amount (current) 504525
Undisbursed Amount 0
Franchise Name -
Lender Location ID 22749
Servicing Lender Name Busey Bank
Servicing Lender Address 100 W University Ave, CHAMPAIGN, IL, 61820-3910
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Mount Prospect, COOK, IL, 60056-3335
Project Congressional District IL-05
Number of Employees 27
NAICS code 237110
Borrower Race Unanswered
Borrower Ethnicity Not Hispanic or Latino
Business Type Subchapter S Corporation
Originating Lender ID 21445
Originating Lender Name Busey Bank
Originating Lender Address Glenview, IL
Gender Female Owned
Veteran Unanswered
Forgiveness Amount 507495.01
Forgiveness Paid Date 2021-02-12
3404698303 2021-01-22 0507 PPS 415 S William St, Mt Prospect, IL, 60056-3335
Loan Status Date 2021-09-21
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 504525
Loan Approval Amount (current) 504525
Undisbursed Amount 0
Franchise Name -
Lender Location ID 22749
Servicing Lender Name Busey Bank
Servicing Lender Address 100 W University Ave, CHAMPAIGN, IL, 61820-3910
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Mt Prospect, COOK, IL, 60056-3335
Project Congressional District IL-05
Number of Employees 20
NAICS code 237110
Borrower Race Unanswered
Borrower Ethnicity Not Hispanic or Latino
Business Type Subchapter S Corporation
Originating Lender ID 21445
Originating Lender Name Busey Bank
Originating Lender Address Glenview, IL
Gender Female Owned
Veteran Unanswered
Forgiveness Amount 507469.21
Forgiveness Paid Date 2021-08-31

Related by officers

KAREN BARBA, 415 S WILLIAM ST, MT PROSPECT, 60056, COOK-NOT IN CITY OF CHICAGO

COUNTRYLAND LEASING, INC.

Related by address

No related companies by address

Date of last update: 17 Mar 2025

Sources: Illinois Office of the Secretary of State

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