PPP Loan information for Kral concrete & construction, inc.

$32,000

Kral concrete & construction, inc. was initially approved for PPP Loan of amount $32,000, the current approved amount is $32,000. The loan was approved on 04/30/2020 by The Frandsen Bank & Trust reported 3 jobs and $32,000 was used to fund payroll.

Kral concrete & construction, inc. is Existing or more than 2 years old

PPP Loan Search / MN / NEW ULM / Kral concrete & construction, inc.

KRAL CONCRETE & CONSTRUCTION, INC.

Date Approved

04/30/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KRAL CONCRETE & CONSTRUCTION, INC.

Borrower Address

47745 APPLE ROAD

Borrower City

NEW ULM

Borrower State

MN

Borrower Zip

56073

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32000.00

Current Approval Amount

32000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW ULM

Project County Name

BROWN

Project State

MN

Project Zip

56073-0001

CD

MN-01

Jobs Reported

3

NAICS Code

238110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

32000.00

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

Subchapter S Corporation

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32210.41

Forgiveness Date

01/07/2021

;