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Koep Company

$48,400 PPP Loan in Pipestone, Minnesota

Loan Details

Loan Number
1053527104
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$48,400
Current Approval
$48,400
Forgiveness Amount
$48,860
Forgiveness Date
Mar 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Koep Company
Address
207 East Main St
City
Pipestone
State
Minnesota
ZIP Code
56164-1943
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (444130)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$42,000
Rent
$3,000
Utilities
$1,400
Mortgage Interest
$2,000

Lender Information

Servicing Lender
State Bank of Fairmont
Originating Lender
State Bank of Fairmont

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