PPP Loan information for Krance enterprises, inc

$240,200

Krance enterprises, inc was initially approved for PPP Loan of amount $240,200, the current approved amount is $240,200. The loan was approved on 04/07/2020 by The The Old Point National Bank of Phoebus reported 46 jobs and $240,200 was used to fund payroll.

Krance enterprises, inc is Existing or more than 2 years old

PPP Loan Search / VA / NEWPORT NEWS / Krance enterprises, inc

KRANCE ENTERPRISES, INC

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

KRANCE ENTERPRISES, INC

Borrower Address

555 DENBIGH BLVD Suite A

Borrower City

NEWPORT NEWS

Borrower State

VA

Borrower Zip

23608-4201

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

240200.00

Current Approval Amount

240200.00

Undisbursed Amount

0.00

Franchise Name

Merry Maids

Servicing Lender Location Id

73444

Servicing Lender Name

The Old Point National Bank of Phoebus

Servicing Lender Address

1 W Mellen St

Servicing Lender City

HAMPTON

Servicing Lender State

VA

Servicing Lender Zip

23663-2305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT NEWS

Project County Name

NEWPORT NEWS CITY

Project State

VA

Project Zip

23608-4201

CD

VA-03

Jobs Reported

46

NAICS Code

812990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7900.00

Payroll Proceed

228600.00

Mortgage Interest Proceed

3700.00

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

73444

Originating Lender

The Old Point National Bank of Phoebus

Originating Lender City

HAMPTON

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

241764.44

Forgiveness Date

12/15/2020

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