PPP Loan information for Kruse motorsports inc.

$7,900

Kruse motorsports inc. was initially approved for PPP Loan of amount $7,900, the current approved amount is $7,900. The loan was approved on 01/21/2021 by The Central State Bank reported 6 jobs and $7,900 was used to fund payroll.

Kruse motorsports inc. is Existing or more than 2 years old

PPP Loan Search / IA / Boone / Kruse motorsports inc.

KRUSE MOTORSPORTS INC.

Date Approved

01/21/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

KRUSE MOTORSPORTS INC.

Borrower Address

1428 Garst Ave

Borrower City

Boone

Borrower State

IA

Borrower Zip

50036-4923

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

7900.00

Current Approval Amount

7900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25502

Servicing Lender Name

Central State Bank

Servicing Lender Address

109 W Main St

Servicing Lender City

STATE CENTER

Servicing Lender State

IA

Servicing Lender Zip

50247-7769

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Boone

Project County Name

BOONE

Project State

IA

Project Zip

50036-4923

CD

IA-04

Jobs Reported

6

NAICS Code

711212

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

7899.00

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

Corporation

Originating Lender Location Id

25502

Originating Lender

Central State Bank

Originating Lender City

STATE CENTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

7929.84

Forgiveness Date

06/15/2021

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