Kropf Industries, Inc.

$1,060,000 PPP Loan in Goshen, Indiana

Loan Details

Loan Number
5479187006
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,060,000
Current Approval
$1,060,000
Forgiveness Amount
$1,068,421
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Kropf Industries, Inc.
Address
58647 State Road 15
City
Goshen
State
Indiana
ZIP Code
46528-8674
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (336214)
Business Age
Existing or more than 2 years old
Jobs Reported
72
Estimated Revenue
$18.9M
Rural/Urban
Urban
Congressional District
IN-02

Loan Use Breakdown

Payroll
$960,000
Rent
$80,000
Utilities
$20,000

Lender Information

Servicing Lender
Lake City Bank
Originating Lender
Lake City Bank

Other PPP Loans in Goshen, IN

BusinessApproved
Goshen College, Inc.$2,985,500NewBizBotAI Deep Dive
Ag Transportation Holdings, LLC$2,981,000NewBizBotAI Deep Dive
Greencroft Goshen INC$2,691,032NewBizBotAI Deep Dive
Wieland Designs, INC$2,596,358NewBizBotAI Deep Dive
Triangle Rubber Company, LLC$2,498,625NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free