PPP Loan information for Kappers fabricating, inc.

$589,450

Kappers fabricating, inc. was initially approved for PPP Loan of amount $589,450, the current approved amount is $589,450. The loan was approved on 04/05/2020 by The Sterling State Bank reported 60 jobs and $589,450 was used to fund payroll.

Kappers fabricating, inc. is Existing or more than 2 years old

PPP Loan Search / MN / SPRING VALLEY / Kappers fabricating, inc.

KAPPERS FABRICATING, INC.

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KAPPERS FABRICATING, INC.

Borrower Address

1015 INDUSTRIAL DR

Borrower City

SPRING VALLEY

Borrower State

MN

Borrower Zip

55975-9300

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

589449.65

Current Approval Amount

589449.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36611

Servicing Lender Name

Sterling State Bank

Servicing Lender Address

1419 1st Ave SW

Servicing Lender City

AUSTIN

Servicing Lender State

MN

Servicing Lender Zip

55912-1603

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRING VALLEY

Project County Name

FILLMORE

Project State

MN

Project Zip

55975-9300

CD

MN-01

Jobs Reported

60

NAICS Code

333241

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

589449.65

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

36611

Originating Lender

Sterling State Bank

Originating Lender City

AUSTIN

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

594099.75

Forgiveness Date

01/20/2021

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