Kramer Hardware Inc.

$194,800 PPP Loan in Clear Lake, Iowa

Loan Details

Loan Number
6053057010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$194,800
Current Approval
$194,800
Forgiveness Amount
$196,640
Forgiveness Date
Mar 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Kramer Hardware Inc.
Address
580 US Highway 18 E
State
Iowa
ZIP Code
50428-1439
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (444130)
Franchise
Ace Hardware
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$9.3M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$155,800
Rent
$25,800
Utilities
$13,200

Lender Information

Servicing Lender
Clear Lake Bank & Trust Company
Originating Lender
Clear Lake Bank & Trust Company

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