PPP Loan information for Krc farms inc.

$38,500

Krc farms inc. was initially approved for PPP Loan of amount $38,500, the current approved amount is $38,500. The loan was approved on 04/27/2020 by The Bank Iowa reported 14 jobs and $38,500 was used to fund payroll.

Krc farms inc. is Existing or more than 2 years old

PPP Loan Search / IA / RED OAK / Krc farms inc.

KRC FARMS INC.

Date Approved

04/27/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

KRC FARMS INC.

Borrower Address

1673 200TH ST

Borrower City

RED OAK

Borrower State

IA

Borrower Zip

51566-4417

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38500.00

Current Approval Amount

38500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24768

Servicing Lender Name

Bank Iowa

Servicing Lender Address

1150 Jordan Creek Pkwy

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-5831

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED OAK

Project County Name

MONTGOMERY

Project State

IA

Project Zip

51566-4417

CD

IA-03

Jobs Reported

14

NAICS Code

111150

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

38500.00

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

24768

Originating Lender

Bank Iowa

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

39036.86

Forgiveness Date

09/14/2021

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