# PPP loan: KRAUSE CONSTRUCTION INC.
> **$183K** approved 04/13/2020 · Paid in Full · Loan `5512367102`
## Borrower
- **Name:** KRAUSE CONSTRUCTION INC.
- **Address:** 3330 Edison Ave, Blue Island, IL, 60406-1836
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $183K
- **Initial approval:** $183K
- **Forgiven:** $184K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $183K
- **Jobs reported:** 9
## Lender
- **Originating:** First Midwest Bank, A Division of Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*