PPP Loan information for Krauss lane electric

$26,800

Krauss lane electric was initially approved for PPP Loan of amount $26,800, the current approved amount is $26,800. The loan was approved on 03/06/2021 by The The Farmers & Merchants State Bank reported 4 jobs and $26,800 was used to fund payroll.

Krauss lane electric is Existing or more than 2 years old

KRAUSS LANE ELECTRIC

Date Approved

03/06/2021

SBA Office Code

0549

Processing Method

PPP

Borrower Name

KRAUSS LANE ELECTRIC

Borrower Address

14050 County Road AC

Borrower City

Wauseon

Borrower State

OH

Borrower Zip

43567-9162

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

26800.00

Current Approval Amount

26800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53250

Servicing Lender Name

The Farmers & Merchants State Bank

Servicing Lender Address

307 N Defiance St

Servicing Lender City

ARCHBOLD

Servicing Lender State

OH

Servicing Lender Zip

43502-1162

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wauseon

Project County Name

FULTON

Project State

OH

Project Zip

43567-9162

CD

OH-09

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

26800.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

53250

Originating Lender

The Farmers & Merchants State Bank

Originating Lender City

ARCHBOLD

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

26882.24

Forgiveness Date

07/06/2021

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