PPP Loan information for Krossman construction & electric inc

$7,821

Krossman construction & electric inc was initially approved for PPP Loan of amount $7,821, the current approved amount is $7,821. The loan was approved on 01/27/2021 by The Lake Region Bank reported 2 jobs and $7,821 was used to fund payroll.

Krossman construction & electric inc is Existing or more than 2 years old

PPP Loan Search / MN / New London / Krossman construction & electric inc

KROSSMAN CONSTRUCTION & ELECTRIC INC

Date Approved

01/27/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

KROSSMAN CONSTRUCTION & ELECTRIC INC

Borrower Address

6100 161st Ave NE

Borrower City

New London

Borrower State

MN

Borrower Zip

56273-8523

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

7820.50

Current Approval Amount

7820.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38669

Servicing Lender Name

Lake Region Bank

Servicing Lender Address

51 Main St

Servicing Lender City

NEW LONDON

Servicing Lender State

MN

Servicing Lender Zip

56273

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New London

Project County Name

KANDIYOHI

Project State

MN

Project Zip

56273-8523

CD

MN-07

Jobs Reported

2

NAICS Code

236118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

7818.50

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

Subchapter S Corporation

Originating Lender Location Id

38669

Originating Lender

Lake Region Bank

Originating Lender City

NEW LONDON

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

7871.55

Forgiveness Date

09/28/2021

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