PPP Loan information for Kraemer design group llc

$472,632

Kraemer design group llc was initially approved for PPP Loan of amount $472,632, the current approved amount is $472,632. The loan was approved on 04/07/2020 by The First Merchants Bank reported 30 jobs and $472,632 was used to fund payroll.

Kraemer design group llc is Existing or more than 2 years old

KRAEMER DESIGN GROUP LLC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KRAEMER DESIGN GROUP LLC

Borrower Address

1420 BROADWAY ST

Borrower City

DETROIT

Borrower State

MI

Borrower Zip

48226-2113

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

472632.00

Current Approval Amount

472632.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DETROIT

Project County Name

WAYNE

Project State

MI

Project Zip

48226-2113

CD

MI-13

Jobs Reported

30

NAICS Code

541310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

472632.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

476011.64

Forgiveness Date

12/30/2020

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