PPP Loan information for Krenzen auto inc

$1,070,480

Krenzen auto inc was initially approved for PPP Loan of amount $1,070,480, the current approved amount is $1,070,480. The loan was approved on 02/06/2021 by The National Bank of Commerce reported 84 jobs and $1,070,480 was used to fund payroll.

Krenzen auto inc is Existing or more than 2 years old

PPP Loan Search / MN / Duluth / Krenzen auto inc

KRENZEN AUTO INC

Date Approved

02/06/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

KRENZEN AUTO INC

Borrower Address

2500 Mall Dr

Borrower City

Duluth

Borrower State

MN

Borrower Zip

55811-1871

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1070480.00

Current Approval Amount

1070480.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76833

Servicing Lender Name

National Bank of Commerce

Servicing Lender Address

1127 Tower Ave

Servicing Lender City

SUPERIOR

Servicing Lender State

WI

Servicing Lender Zip

54880-1502

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Duluth

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55811-1871

CD

MN-08

Jobs Reported

84

NAICS Code

441110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1070476.00

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

Corporation

Originating Lender Location Id

76833

Originating Lender

National Bank of Commerce

Originating Lender City

SUPERIOR

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1074322.00

Forgiveness Date

06/23/2021

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