Date Approved
04/27/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
KRENGEL TECHNOLOGY, INC.
Borrower Address
600 SHADY RIDGE RD NW
Borrower City
HUTCHINSON
Borrower State
MN
Borrower Zip
55350-1412
Loan Status Date
11/06/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
98900.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38267
Servicing Lender Name
Home State Bank
Servicing Lender Address
1435 E Hwy 12
Servicing Lender City
LITCHFIELD
Servicing Lender State
Servicing Lender Zip
55355-5328
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MCLEOD
Project State
Project Zip
CD
MN-07
Jobs Reported
7
NAICS Code
541519
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
2000.00
Payroll Proceed
88900.00
Mortgage Interest Proceed
Rent Proceed
8000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
99402.74
Forgiveness Date
11/05/2020