As part of the Paycheck Protection Program KRAUSE ELECTRICAL CONTRACTORS, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

KRAUSE ELECTRICAL CONTRACTORS, INC


Loan Amount	$1,065,000
BusinessName	KRAUSE ELECTRICAL CONTRACTORS, INC
Address	13921 W. IL ROUTE 173
City	ZION
State	IL
Zip	60099
NAICSCode	238210
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	55
DateApproved	04/27/2020
Lender	State Bank of the Lakes, National Association
CD	IL-14
BusinessName.clean	KRAUSE ELECTRICAL CONTRACTORS

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

AMERICAN TORCH TIP COMPANY
KRAZAN AMP ASSOCIATES
KRAZY KAT SPORTWEAR
KRB MACHINERY COMPANY
KRC SAFETY CO