PPP Loan information for Krusemark automotive, inc.

$345,700

Krusemark automotive, inc. was initially approved for PPP Loan of amount $345,700, the current approved amount is $345,700. The loan was approved on 04/04/2020 by The Viking Bank National Association reported 23 jobs and $345,700 was used to fund payroll.

Krusemark automotive, inc. is Existing or more than 2 years old

PPP Loan Search / MN / MORRIS / Krusemark automotive, inc.

KRUSEMARK AUTOMOTIVE, INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KRUSEMARK AUTOMOTIVE, INC.

Borrower Address

205 HIGHWAY 9 S

Borrower City

MORRIS

Borrower State

MN

Borrower Zip

56267-1500

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

345700.00

Current Approval Amount

345700.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

90221

Servicing Lender Name

Viking Bank National Association

Servicing Lender Address

4277 Dakota St

Servicing Lender City

Alexandria

Servicing Lender State

MN

Servicing Lender Zip

56308

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MORRIS

Project County Name

STEVENS

Project State

MN

Project Zip

56267-1500

CD

MN-07

Jobs Reported

23

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

345700.00

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

Subchapter S Corporation

Originating Lender Location Id

90221

Originating Lender

Viking Bank National Association

Originating Lender City

Alexandria

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

347992.04

Forgiveness Date

12/09/2020

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