PPP Loan information for Koep company

$48,400

Koep company was initially approved for PPP Loan of amount $48,400, the current approved amount is $48,400. The loan was approved on 04/09/2020 by The State Bank of Fairmont reported 18 jobs and $48,400 was used to fund payroll.

Koep company is Existing or more than 2 years old

KOEP COMPANY

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KOEP COMPANY

Borrower Address

207 East Main St

Borrower City

PIPESTONE

Borrower State

MN

Borrower Zip

56164-1943

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48400.00

Current Approval Amount

48400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38050

Servicing Lender Name

State Bank of Fairmont

Servicing Lender Address

918 E Blue Earth Ave

Servicing Lender City

FAIRMONT

Servicing Lender State

MN

Servicing Lender Zip

56031-4036

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PIPESTONE

Project County Name

PIPESTONE

Project State

MN

Project Zip

56164-1943

CD

MN-07

Jobs Reported

18

NAICS Code

444130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1400.00

Payroll Proceed

42000.00

Mortgage Interest Proceed

2000.00

Rent Proceed

3000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38050

Originating Lender

State Bank of Fairmont

Originating Lender City

FAIRMONT

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48859.80

Forgiveness Date

03/18/2021

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