Date Approved
04/05/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
KRUSE FORD-LINCOLN, INC.
Borrower Address
1651 E COLLEGE DR
Borrower City
MARSHALL
Borrower State
MN
Borrower Zip
56258-2657
Loan Status Date
02/20/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
318900.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36636
Servicing Lender Name
Minnwest Bank
Servicing Lender Address
300 S Washington St
Servicing Lender City
REDWOOD FALLS
Servicing Lender State
Servicing Lender Zip
56283-1658
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LYON
Project State
Project Zip
CD
MN-07
Jobs Reported
42
NAICS Code
441110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
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
Veteran
Non Profit
Forgiveness Amount
321381.30
Forgiveness Date
01/25/2021