PPP Loan information for Kruse ford lincoln, inc

$257,800

Kruse ford lincoln, inc was initially approved for PPP Loan of amount $257,800, the current approved amount is $257,800. The loan was approved on 04/06/2020 by The Minnwest Bank reported 32 jobs and $257,800 was used to fund payroll.

Kruse ford lincoln, inc is Existing or more than 2 years old

KRUSE FORD LINCOLN, INC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KRUSE FORD LINCOLN, INC

Borrower Address

1661 E COLLEGE DR

Borrower City

MARSHALL

Borrower State

MN

Borrower Zip

56258-2657

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

257800.00

Current Approval Amount

257800.00

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

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MARSHALL

Project County Name

LYON

Project State

MN

Project Zip

56258-2657

CD

MN-07

Jobs Reported

32

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

257800.00

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

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

259805.90

Forgiveness Date

01/25/2021

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