A KRAIG KRAUSE EXEMPTION TRUST (IL) - 2020 PPP Loan Borrower Profile (# 5463458507)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A KRAIG KRAUSE EXEMPTION TRUST. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Illinois.

Loan Detail

Loan Number

5463458507

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$20,833.32

Date Loan was Approved

Feb 27, 2021

Amount Forgiven

$20,893.25

Date Loan was Forgiven

Jun 15, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

20,833.32

Lender

Mason City National Bank

Business Detail

Business Type

Trust

NAICS

111150

Borrower Location

Easton, IL

Project Location

Easton, IL

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.