PPP Loan information for Krane specialty inc

$140,700

Krane specialty inc was initially approved for PPP Loan of amount $140,700, the current approved amount is $140,700. The loan was approved on 04/21/2021 by The Northwest Bank reported 42 jobs and $140,700 was used to fund payroll.

Krane specialty inc is Existing or more than 2 years old

PPP Loan Search / IA / Altoona / Krane specialty inc

KRANE SPECIALTY INC

Date Approved

04/21/2021

SBA Office Code

0761

Processing Method

PPP

Borrower Name

KRANE SPECIALTY INC

Borrower Address

106 3rd St SE

Borrower City

Altoona

Borrower State

IA

Borrower Zip

50009-1827

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

140700.00

Current Approval Amount

140700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Altoona

Project County Name

POLK

Project State

IA

Project Zip

50009-1827

CD

IA-03

Jobs Reported

42

NAICS Code

722310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

140698.00

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

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

141548.11

Forgiveness Date

12/01/2021

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