PPP Loan information for Kringstad ironworks, inc.

$322,500

Kringstad ironworks, inc. was initially approved for PPP Loan of amount $290,820, the current approved amount is $322,500. The loan was approved on 04/08/2020 by The Choice Financial Group reported 37 jobs and $322,500 was used to fund payroll.

Kringstad ironworks, inc. is Existing or more than 2 years old

KRINGSTAD IRONWORKS, INC.

Date Approved

04/08/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

KRINGSTAD IRONWORKS, INC.

Borrower Address

406 7TH ST

Borrower City

HATTON

Borrower State

ND

Borrower Zip

58240-4430

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

290820.00

Current Approval Amount

322500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52934

Servicing Lender Name

Choice Financial Group

Servicing Lender Address

4501 23rd Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8782

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HATTON

Project County Name

TRAILL

Project State

ND

Project Zip

58240-4430

CD

ND-

Jobs Reported

37

NAICS Code

333111

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

322500.00

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

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

324417.33

Forgiveness Date

11/23/2020

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