PPP Loan information for Derek krebs

$29,258

Derek krebs was initially approved for PPP Loan of amount $29,258, the current approved amount is $29,258. The loan was approved on 04/14/2021 by The Farmers and Merchants State Bank of Springfield reported 2 jobs and $29,258 was used to fund payroll.

Derek krebs is Existing or more than 2 years old

PPP Loan Search / MN / Springfield / Derek krebs

DEREK KREBS

Date Approved

04/14/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

DEREK KREBS

Borrower Address

502 N Van Buren Ave

Borrower City

Springfield

Borrower State

MN

Borrower Zip

56087-1544

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

29257.50

Current Approval Amount

29257.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38923

Servicing Lender Name

Farmers and Merchants State Bank of Springfield

Servicing Lender Address

101 N Marshall Ave

Servicing Lender City

SPRINGFIELD

Servicing Lender State

MN

Servicing Lender Zip

56087-2611

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Springfield

Project County Name

BROWN

Project State

MN

Project Zip

56087-1544

CD

MN-07

Jobs Reported

2

NAICS Code

236118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

29256.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

38923

Originating Lender

Farmers and Merchants State Bank of Springfield

Originating Lender City

SPRINGFIELD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

29345.67

Forgiveness Date

08/11/2021

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