PPP Loan information for Kragel bros

$41,600

Kragel bros was initially approved for PPP Loan of amount $41,600, the current approved amount is $41,600. The loan was approved on 04/28/2020 by The Bank Iowa reported 2 jobs and $41,600 was used to fund payroll.

Kragel bros is Existing or more than 2 years old

KRAGEL BROS

Date Approved

04/28/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

KRAGEL BROS

Borrower Address

1279 HIGHWAY 59

Borrower City

SCHLESWIG

Borrower State

IA

Borrower Zip

51461-8002

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41600.00

Current Approval Amount

41600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24768

Servicing Lender Name

Bank Iowa

Servicing Lender Address

1150 Jordan Creek Pkwy

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-5831

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCHLESWIG

Project County Name

IDA

Project State

IA

Project Zip

51461-8002

CD

IA-04

Jobs Reported

2

NAICS Code

111150

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

41600.00

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

Partnership

Originating Lender Location Id

24768

Originating Lender

Bank Iowa

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

42126.93

Forgiveness Date

08/05/2021

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