PPP Loan information for Krause electric company, llc

$73,505

Krause electric company, llc was initially approved for PPP Loan of amount $73,505, the current approved amount is $73,505. The loan was approved on 04/27/2020 by The Thumb Bank & Trust reported 8 jobs and $73,505 was used to fund payroll.

Krause electric company, llc is Existing or more than 2 years old

PPP Loan Search / MI / SANDUSKY / Krause electric company, llc

KRAUSE ELECTRIC COMPANY, LLC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KRAUSE ELECTRIC COMPANY, LLC

Borrower Address

208 N. ELK ST

Borrower City

SANDUSKY

Borrower State

MI

Borrower Zip

48471-1107

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

73505.00

Current Approval Amount

73505.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36209

Servicing Lender Name

Thumb Bank & Trust

Servicing Lender Address

7254 Michigan Ave

Servicing Lender City

PIGEON

Servicing Lender State

MI

Servicing Lender Zip

48755

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SANDUSKY

Project County Name

SANILAC

Project State

MI

Project Zip

48471-1107

CD

MI-09

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

505.00

Payroll Proceed

70000.00

Mortgage Interest Proceed

3000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

36209

Originating Lender

Thumb Bank & Trust

Originating Lender City

PIGEON

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

73988.32

Forgiveness Date

12/31/2020

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