PPP Loan information for Krantz electric, inc.

$520,000

Krantz electric, inc. was initially approved for PPP Loan of amount $520,000, the current approved amount is $520,000. The loan was approved on 04/13/2020 by The Lake Ridge Bank reported 33 jobs and $520,000 was used to fund payroll.

Krantz electric, inc. is Existing or more than 2 years old

KRANTZ ELECTRIC, INC.

Date Approved

04/13/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

KRANTZ ELECTRIC, INC.

Borrower Address

2650 N NINE MOUND RD

Borrower City

VERONA

Borrower State

WI

Borrower Zip

53593-8623

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

520000.00

Current Approval Amount

520000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75741

Servicing Lender Name

Lake Ridge Bank

Servicing Lender Address

1205 Main St

Servicing Lender City

CROSS PLAINS

Servicing Lender State

WI

Servicing Lender Zip

53528-9479

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VERONA

Project County Name

DANE

Project State

WI

Project Zip

53593-8623

CD

WI-02

Jobs Reported

33

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

520000.00

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

75741

Originating Lender

Lake Ridge Bank

Originating Lender City

CROSS PLAINS

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

522849.32

Forgiveness Date

11/03/2020

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