# PPP loan: KRECH EXTERIORS, INC.
> **$379K** approved 04/05/2020 · Paid in Full · Loan `5088147008`
## Borrower
- **Name:** KRECH EXTERIORS, INC.
- **Address:** 5866 Blackshire Path, INVER GROVE HEIGHTS, MN, 55077
- **NAICS:** 238160
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $379K
- **Initial approval:** $379K
- **Forgiven:** $381K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $327K
- **Rent:** $16K
- **Utilities:** $3K
- **Health care:** $33K
- **Jobs reported:** 22
## Lender
- **Originating:** Vermillion State Bank
- **Servicing:** Vermillion State Bank (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*