PPP Loan information for Krieger motor company

$1,120,285

Krieger motor company was initially approved for PPP Loan of amount $1,120,285, the current approved amount is $1,120,285. The loan was approved on 04/06/2020 by The MidWestOne Bank reported 100 jobs and $1,120,285 was used to fund payroll.

Krieger motor company is Existing or more than 2 years old

KRIEGER MOTOR COMPANY

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

KRIEGER MOTOR COMPANY

Borrower Address

3205 N HIGHWAY 61

Borrower City

MUSCATINE

Borrower State

IA

Borrower Zip

52761-5822

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1120285.00

Current Approval Amount

1120285.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MUSCATINE

Project County Name

MUSCATINE

Project State

IA

Project Zip

52761-5822

CD

IA-01

Jobs Reported

100

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

112027.70

Payroll Proceed

896229.60

Mortgage Interest Proceed

112027.70

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

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1126851.11

Forgiveness Date

11/12/2020

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