PPP Loan information for Kalscheur garage inc

$87,500

Kalscheur garage inc was initially approved for PPP Loan of amount $87,500, the current approved amount is $87,500. The loan was approved on 02/27/2021 by The Lake Ridge Bank reported 11 jobs and $87,500 was used to fund payroll.

Kalscheur garage inc is Existing or more than 2 years old

KALSCHEUR GARAGE INC

Date Approved

02/27/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

KALSCHEUR GARAGE INC

Borrower Address

2404 Main St

Borrower City

Cross Plains

Borrower State

WI

Borrower Zip

53528-9454

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87500.00

Current Approval Amount

87500.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

75741

Servicing Lender Name

Lake Ridge Bank

Servicing Lender Address

1205 Main St

Servicing Lender City

CROSS PLAINS

Servicing Lender State

WI

Servicing Lender Zip

53528-9479

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cross Plains

Project County Name

DANE

Project State

WI

Project Zip

53528-9454

CD

WI-02

Jobs Reported

11

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

87497.00

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

Subchapter S Corporation

Originating Lender Location Id

75741

Originating Lender

Lake Ridge Bank

Originating Lender City

CROSS PLAINS

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88363.01

Forgiveness Date

02/25/2022

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