PPP Loan information for Kraft contracting, llc

$1,272,000

Kraft contracting, llc was initially approved for PPP Loan of amount $1,272,000, the current approved amount is $1,272,000. The loan was approved on 04/10/2020 by The MidWestOne Bank reported 75 jobs and $1,272,000 was used to fund payroll.

Kraft contracting, llc is New Business or 2 years or less

KRAFT CONTRACTING, LLC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KRAFT CONTRACTING, LLC

Borrower Address

2415 VENTURA DRIVE, STE 100

Borrower City

WOODBURY

Borrower State

MN

Borrower Zip

55125-4404

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1272000.00

Current Approval Amount

1272000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WOODBURY

Project County Name

WASHINGTON

Project State

MN

Project Zip

55125-4404

CD

MN-04

Jobs Reported

75

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

79500.00

Payroll Proceed

954000.00

Mortgage Interest Proceed

79500.00

Rent Proceed

79500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

79500.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1285638.67

Forgiveness Date

05/05/2021

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