Kraus Oil Co., Inc.
$83,900 PPP Loan in Spring Grove, Minnesota
Loan Details
- Loan Number
- 2935527209
- Date Approved
- Apr 16, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $83,900
- Current Approval
- $83,900
- Forgiveness Amount
- $84,415
- Forgiveness Date
- Dec 2, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Kraus Oil Co., Inc.
- Address
- 159 W Main St
- City
- Spring Grove
- State
- Minnesota
- ZIP Code
- 55974-1225
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (447110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 11
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $83,900
Lender Information
- Servicing Lender
- Merchants Bank, National Association
- Originating Lender
- Merchants Bank, National Association
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|---|---|---|
| New Age Tree Service of Mn, Inc. | $475,000 |  Research |
| Vanminsel Bros Construction LLC | $395,000 | Research |
| Lax Fabricating, Ltd | $365,897 | Research |
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