Kromminga Motors, INC
$348,500 PPP Loan in Monticello, Iowa
Loan Details
- Loan Number
- 9877297008
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $348,500
- Current Approval
- $348,500
- Forgiveness Amount
- $352,911
- Forgiveness Date
- Jul 22, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Kromminga Motors, INC
- Address
- 1810 S Main St
- City
- Monticello
- State
- Iowa
- ZIP Code
- 52310-2011
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423820)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 47
- Estimated Revenue
- $14.4M
- Rural/Urban
- Rural
- Congressional District
- IA-01
Loan Use Breakdown
- Payroll
- $320,500
- Utilities
- $10,000
- Health Care
- $18,000
Lender Information
- Servicing Lender
- Ohnward Bank & Trust
- Originating Lender
- Ohnward Bank & Trust
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