PPP Loan information for Kragen, inc.

$285,100

Kragen, inc. was initially approved for PPP Loan of amount $285,000, the current approved amount is $285,100. The loan was approved on 04/04/2020 by The Farmers State Bank reported 76 jobs and $285,100 was used to fund payroll.

Kragen, inc. is Existing or more than 2 years old

PPP Loan Search / IA / HIAWATHA / Kragen, inc.

KRAGEN, INC.

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

KRAGEN, INC.

Borrower Address

935 BOYSON CT Suite A

Borrower City

HIAWATHA

Borrower State

IA

Borrower Zip

52233-1219

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

285000.00

Current Approval Amount

285100.00

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

25235

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

1240 8th Ave

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3504

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HIAWATHA

Project County Name

LINN

Project State

IA

Project Zip

52233-1219

CD

IA-02

Jobs Reported

76

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

28410.00

Payroll Proceed

228180.00

Mortgage Interest Proceed

28510.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

287547.11

Forgiveness Date

02/18/2021

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