# PPP loan: KRAFT CONTRACTING, LLC
> **$1.27M** approved 04/10/2020 · Paid in Full · Loan `1302047104`
## Borrower
- **Name:** KRAFT CONTRACTING, LLC
- **Address:** 2415 VENTURA DRIVE, STE 100, WOODBURY, MN, 55125-4404
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.27M
- **Initial approval:** $1.27M
- **Forgiven:** $1.29M (101%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $954K
- **Rent:** $80K
- **Mortgage interest:** $80K
- **Utilities:** $80K
- **Health care:** $80K
- **Jobs reported:** 75
## Lender
- **Originating:** MidWestOne Bank
- **Servicing:** MidWestOne Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*