PPP Loan information for Kragen inc.

$399,100

Kragen inc. was initially approved for PPP Loan of amount $399,100, the current approved amount is $399,100. The loan was approved on 02/03/2021 by The Farmers State Bank reported 76 jobs and $399,100 was used to fund payroll.

Kragen inc. is Existing or more than 2 years old

KRAGEN INC.

Date Approved

02/03/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

KRAGEN INC.

Borrower Address

935 Boyson Ct Ste A

Borrower City

Hiawatha

Borrower State

IA

Borrower Zip

52233-1219

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

399100.00

Current Approval Amount

399100.00

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

25235

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

1240 8th Ave

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3504

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hiawatha

Project County Name

LINN

Project State

IA

Project Zip

52233-1219

CD

IA-02

Jobs Reported

76

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

399098.00

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

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

401893.70

Forgiveness Date

10/19/2021

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