PPP Loan information for Kropf industries, inc.

$1,060,000

Kropf industries, inc. was initially approved for PPP Loan of amount $1,060,000, the current approved amount is $1,060,000. The loan was approved on 04/05/2020 by The Lake City Bank reported 72 jobs and $1,060,000 was used to fund payroll.

Kropf industries, inc. is Existing or more than 2 years old

PPP Loan Search / IN / GOSHEN / Kropf industries, inc.

KROPF INDUSTRIES, INC.

Date Approved

04/05/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

KROPF INDUSTRIES, INC.

Borrower Address

58647 State Road 15

Borrower City

GOSHEN

Borrower State

IN

Borrower Zip

46528-8674

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1060000.00

Current Approval Amount

1060000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GOSHEN

Project County Name

ELKHART

Project State

IN

Project Zip

46528-8674

CD

IN-02

Jobs Reported

72

NAICS Code

336214

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

960000.00

Mortgage Interest Proceed

0.00

Rent Proceed

80000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1068421.11

Forgiveness Date

01/26/2021

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