PPP Loan information for Koerner construction

$38,000

Koerner construction was initially approved for PPP Loan of amount $38,000, the current approved amount is $38,000. The loan was approved on 04/10/2020 by The Merchants State Bank reported 11 jobs and $38,000 was used to fund payroll.

Koerner construction is Existing or more than 2 years old

KOERNER CONSTRUCTION

Date Approved

04/10/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

KOERNER CONSTRUCTION

Borrower Address

27905 438TH AVENUE

Borrower City

FREEMAN

Borrower State

SD

Borrower Zip

57029-6709

Loan Status Date

11/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38000.00

Current Approval Amount

38000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66522

Servicing Lender Name

Merchants State Bank

Servicing Lender Address

305 S Main St

Servicing Lender City

FREEMAN

Servicing Lender State

SD

Servicing Lender Zip

57029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FREEMAN

Project County Name

HUTCHINSON

Project State

SD

Project Zip

57029-6709

CD

SD-

Jobs Reported

11

NAICS Code

236210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

38000.00

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

66522

Originating Lender

Merchants State Bank

Originating Lender City

FREEMAN

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

38188.94

Forgiveness Date

10/13/2020

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