PPP Loan information for Krause construction inc.

$182,970

Krause construction inc. was initially approved for PPP Loan of amount $182,970, the current approved amount is $182,970. The loan was approved on 04/13/2020 by The Old National Bank reported 9 jobs and $182,970 was used to fund payroll.

Krause construction inc. is Existing or more than 2 years old

PPP Loan Search / IL / Blue Island / Krause construction inc.

KRAUSE CONSTRUCTION INC.

Date Approved

04/13/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

KRAUSE CONSTRUCTION INC.

Borrower Address

3330 Edison Ave

Borrower City

Blue Island

Borrower State

IL

Borrower Zip

60406-1836

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

182970.00

Current Approval Amount

182970.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Blue Island

Project County Name

COOK

Project State

IL

Project Zip

60406-1836

CD

IL-01

Jobs Reported

9

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

182970.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

183950.92

Forgiveness Date

11/03/2020

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