PPP Loan information for Krut's electric inc

$102,000

Krut's electric inc was initially approved for PPP Loan of amount $102,000, the current approved amount is $102,000. The loan was approved on 04/06/2020 by The Morton Community Bank reported 6 jobs and $102,000 was used to fund payroll.

Krut's electric inc is Existing or more than 2 years old

PPP Loan Search / IL / CHAMPAIGN / Krut's electric inc

KRUT'S ELECTRIC INC

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

KRUT'S ELECTRIC INC

Borrower Address

6511 PO BOX

Borrower City

CHAMPAIGN

Borrower State

IL

Borrower Zip

61826-6511

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102000.00

Current Approval Amount

102000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22097

Servicing Lender Name

Morton Community Bank

Servicing Lender Address

721 W Jackson St

Servicing Lender City

MORTON

Servicing Lender State

IL

Servicing Lender Zip

61550-1537

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHAMPAIGN

Project County Name

CHAMPAIGN

Project State

IL

Project Zip

61826-6511

CD

IL-13

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

102000.00

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

22608

Originating Lender

Marine Bank

Originating Lender City

SPRINGFIELD

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

102589.33

Forgiveness Date

11/12/2020

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