PPP Loan information for Kracht implement inc

$51,873

Kracht implement inc was initially approved for PPP Loan of amount $51,873, the current approved amount is $51,873. The loan was approved on 02/03/2021 by The Bank Forward reported 3 jobs and $51,873 was used to fund payroll.

Kracht implement inc is Existing or more than 2 years old

KRACHT IMPLEMENT INC

Date Approved

02/03/2021

SBA Office Code

0875

Processing Method

PPP

Borrower Name

KRACHT IMPLEMENT INC

Borrower Address

6700 2nd St NE

Borrower City

Carrington

Borrower State

ND

Borrower Zip

58421-8501

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

51873.00

Current Approval Amount

51873.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52827

Servicing Lender Name

Bank Forward

Servicing Lender Address

390 Wheat St

Servicing Lender City

HANNAFORD

Servicing Lender State

ND

Servicing Lender Zip

58448-4801

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Carrington

Project County Name

FOSTER

Project State

ND

Project Zip

58421-8501

CD

ND-

Jobs Reported

3

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

51871.00

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

Corporation

Originating Lender Location Id

52827

Originating Lender

Bank Forward

Originating Lender City

HANNAFORD

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

52154.39

Forgiveness Date

08/27/2021

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