PPP Loan information for Krmm hospitality

$773,800

Krmm hospitality was initially approved for PPP Loan of amount $773,800, the current approved amount is $773,800. The loan was approved on 04/06/2020 by The United Community Bank reported 225 jobs and $773,800 was used to fund payroll.

Krmm hospitality is Existing or more than 2 years old

KRMM HOSPITALITY

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

KRMM HOSPITALITY

Borrower Address

2173 230TH AVE

Borrower City

MILFORD

Borrower State

IA

Borrower Zip

51351-7181

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

773800.00

Current Approval Amount

773800.00

Undisbursed Amount

0.00

Franchise Name

Perkins Restaurant & Bakery

Servicing Lender Location Id

25262

Servicing Lender Name

United Community Bank

Servicing Lender Address

1000 Okoboji Ave

Servicing Lender City

MILFORD

Servicing Lender State

IA

Servicing Lender Zip

51351-1375

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILFORD

Project County Name

DICKINSON

Project State

IA

Project Zip

51351-7181

CD

IA-04

Jobs Reported

225

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

38690.00

Payroll Proceed

657730.00

Mortgage Interest Proceed

0.00

Rent Proceed

77380.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

25262

Originating Lender

United Community Bank

Originating Lender City

MILFORD

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

783403.60

Forgiveness Date

07/13/2021

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