PPP Loan information for Krutsch associates, inc.

$25,000

Krutsch associates, inc. was initially approved for PPP Loan of amount $25,000, the current approved amount is $25,000. The loan was approved on 04/28/2020 by The American Express National Bank reported 1 jobs and $25,000 was used to fund payroll.

Krutsch associates, inc. is Existing or more than 2 years old

KRUTSCH ASSOCIATES, INC.

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KRUTSCH ASSOCIATES, INC.

Borrower Address

14880 Highland Lane

Borrower City

Minnetonka

Borrower State

MN

Borrower Zip

55345

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25000.00

Current Approval Amount

25000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Minnetonka

Project County Name

HENNEPIN

Project State

MN

Project Zip

55345-0001

CD

MN-03

Jobs Reported

1

NAICS Code

541511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2500.00

Payroll Proceed

18750.00

Mortgage Interest Proceed

0.00

Rent Proceed

3750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

25234.25

Forgiveness Date

04/14/2021

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