Date Approved
04/10/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
KROL COMMUNICATIONS INC
Borrower Address
103 N WASHINGTON ST
Borrower City
OWOSSO
Borrower State
MI
Borrower Zip
48867-2819
Loan Status Date
04/09/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
450600.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
77961
Servicing Lender Name
Independent Bank
Servicing Lender Address
4200 East Beltline Ave NE
Servicing Lender City
GRAND RAPIDS
Servicing Lender State
Servicing Lender Zip
49525-9783
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SHIAWASSEE
Project State
Project Zip
CD
MI-04
Jobs Reported
40
NAICS Code
515111
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
15000.00
Payroll Proceed
384600.00
Mortgage Interest Proceed
6000.00
Rent Proceed
45000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
398229.79
Forgiveness Date
03/15/2021