Krmm Hospitality

$773,800 PPP Loan in Milford, Iowa

Loan Details

Loan Number
5650067006
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$773,800
Current Approval
$773,800
Forgiveness Amount
$783,404
Forgiveness Date
Jul 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Krmm Hospitality
Address
2173 230th Ave
State
Iowa
ZIP Code
51351-7181
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (722511)
Franchise
Perkins Restaurant & Bakery
Business Age
Existing or more than 2 years old
Jobs Reported
225
Estimated Revenue
$40.0M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$657,730
Rent
$77,380
Utilities
$38,690

Lender Information

Servicing Lender
United Community Bank
Originating Lender
United Community Bank

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