PPP Loan information for Terry kruse

$12,500

Terry kruse was initially approved for PPP Loan of amount $12,500, the current approved amount is $12,500. The loan was approved on 04/20/2021 by The Farmers & Merchants Savings Bank reported 1 jobs and $12,500 was used to fund payroll.

Terry kruse is Existing or more than 2 years old

TERRY KRUSE

Date Approved

04/20/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

TERRY KRUSE

Borrower Address

4785 Highway 22 SE

Borrower City

Lone Tree

Borrower State

IA

Borrower Zip

52755-9321

Loan Status Date

03/01/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

12500.00

Current Approval Amount

12500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25202

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

2235 Mormon Trek Blvd

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52246-4436

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lone Tree

Project County Name

JOHNSON

Project State

IA

Project Zip

52755-9321

CD

IA-01

Jobs Reported

1

NAICS Code

111150

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

12496.00

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

Sole Proprietorship

Originating Lender Location Id

25202

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

12535.62

Forgiveness Date

08/04/2021

;