PPP Loan information for Kropp equipment inc

$277,300

Kropp equipment inc was initially approved for PPP Loan of amount $277,300, the current approved amount is $277,300. The loan was approved on 04/04/2020 by The Peoples Bank reported 20 jobs and $277,300 was used to fund payroll.

Kropp equipment inc is Existing or more than 2 years old

PPP Loan Search / IN / SCHERERVILLE / Kropp equipment inc

KROPP EQUIPMENT INC

Date Approved

04/04/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

KROPP EQUIPMENT INC

Borrower Address

1020 Kennedy Ave. Ut 406

Borrower City

SCHERERVILLE

Borrower State

IN

Borrower Zip

46375

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

277300.00

Current Approval Amount

277300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81983

Servicing Lender Name

Peoples Bank

Servicing Lender Address

9204 Columbia Ave

Servicing Lender City

MUNSTER

Servicing Lender State

IN

Servicing Lender Zip

46321-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCHERERVILLE

Project County Name

LAKE

Project State

IN

Project Zip

46375-0001

CD

IN-01

Jobs Reported

20

NAICS Code

532412

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

277300.00

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

Corporation

Originating Lender Location Id

81983

Originating Lender

Peoples Bank

Originating Lender City

MUNSTER

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

279054.87

Forgiveness Date

11/30/2020

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