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Krol Communications INC

$450,600 PPP Loan in Owosso, Michigan

Loan Details

Loan Number
1313667108
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$450,600
Current Approval
$450,600
Forgiveness Amount
$398,230
Forgiveness Date
Mar 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Krol Communications INC
Address
103 N Washington St
City
Owosso
State
Michigan
ZIP Code
48867-2819
Business Type
Corporation
Industry (NAICS)
Information (515111)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$6.7M
Rural/Urban
Rural
Congressional District
MI-07

Loan Use Breakdown

Payroll
$384,600
Rent
$45,000
Utilities
$15,000
Mortgage Interest
$6,000

Lender Information

Servicing Lender
Independent Bank
Originating Lender
Independent Bank

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