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  5. Krown, Inc.

Krown, Inc.

Company Details

Name: Krown, Inc.
Jurisdiction: Minnesota
Legal type: Business Corporation (Domestic)
Status: Active / In Good Standing
Date formed: 05 Sep 1974 (51 years ago)
Company Number: 6d46bb49-afd4-e011-a886-001ec94ffe7f
File Number: 2M-569
Registered Office Address: Railroad Str, Hartland, MN 56042, USA
Principal Executive Office Address: Railroad Street, Hartland, MN 56042, USA
ZIP code: 56042
County: Freeborn County
Place of Formation: Minnesota

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
KROWN, INC. PROFIT SHARING PLAN 2022 411461558 2024-05-28 KROWN, INC. 18
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2019-09-01
Business code 454310
Sponsor’s telephone number 5078452235
Plan sponsor’s address P.O. BOX 506, HARTLAND, MN, 56042
KROWN, INC. CASH BALANCE PENSION PLAN 2022 411461558 2024-05-28 KROWN, INC. 16
File View Page
Three-digit plan number (PN) 002
Effective date of plan 2019-09-01
Business code 454310
Sponsor’s telephone number 5078452235
Plan sponsor’s address P.O. BOX 506, HARTLAND, MN, 56042
KROWN, INC. CASH BALANCE PENSION PLAN 2021 411461558 2023-06-12 KROWN, INC. 16
File View Page
Three-digit plan number (PN) 002
Effective date of plan 2019-09-01
Business code 454310
Sponsor’s telephone number 5078452235
Plan sponsor’s address P.O. BOX 506, HARTLAND, MN, 56042
KROWN, INC. PROFIT SHARING PLAN 2021 411461558 2023-06-09 KROWN, INC. 15
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2019-09-01
Business code 454310
Sponsor’s telephone number 5078452235
Plan sponsor’s address P.O. BOX 506, HARTLAND, MN, 56042
KROWN, INC. CASH BALANCE PENSION PLAN 2020 411461558 2022-06-15 KROWN, INC. 15
File View Page
Three-digit plan number (PN) 002
Effective date of plan 2019-09-01
Business code 454310
Sponsor’s telephone number 5078452235
Plan sponsor’s address P.O. BOX 506, HARTLAND, MN, 56042

Signature of
Role Plan administrator
Date 2022-06-15
Name of individual signing JODIE REED
Valid signature Filed with authorized/valid electronic signature
KROWN, INC. PROFIT SHARING PLAN 2020 411461558 2022-06-15 KROWN, INC. 15
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2019-09-01
Business code 454310
Sponsor’s telephone number 5078452235
Plan sponsor’s address P.O. BOX 506, HARTLAND, MN, 56042

Signature of
Role Plan administrator
Date 2022-06-15
Name of individual signing JODIE REED
Valid signature Filed with authorized/valid electronic signature
KROWN, INC. CASH BALANCE PENSION PLAN 2019 411461558 2021-06-04 KROWN, INC. 13
File View Page
Three-digit plan number (PN) 002
Effective date of plan 2019-09-01
Business code 454310
Sponsor’s telephone number 5078452235
Plan sponsor’s address P.O. BOX 506, HARTLAND, MN, 56042
KROWN, INC. PROFIT SHARING PLAN 2019 411461558 2021-06-04 KROWN, INC. 13
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2019-09-01
Business code 454310
Sponsor’s telephone number 5078452235
Plan sponsor’s address P.O. BOX 506, HARTLAND, MN, 56042

Chief Executive Officer

Name Role Address
Kyle Reed Chief Executive Officer PO BOX 506, HARTLAND, MN 56042–0506, United States

Filing

Filing Name Filing date
Business Corporation (Domestic) Active Status Report 1982-07-30
Registered Office and/or Agent - Business Corporation (Domestic) 1981-04-17
Original Filing - Business Corporation (Domestic) 1974-09-05
Business Corporation (Domestic) Business Name (Business Name: Krown, Inc.) 1974-09-05

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
4488467004 2020-04-03 0508 PPP 300 Railroad St. PO BOX 506, HARTLAND, MN, 56042-0506
Loan Status Date 2022-03-01
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 363500
Loan Approval Amount (current) 363500
Undisbursed Amount 0
Franchise Name -
Lender Location ID 25006
Servicing Lender Name Manufacturers Bank & Trust Company
Servicing Lender Address 245 E 'J' St, FOREST CITY, IA, 50436
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address HARTLAND, FREEBORN, MN, 56042-0506
Project Congressional District MN-01
Number of Employees 16
NAICS code 115112
Borrower Race Unanswered
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 25006
Originating Lender Name Manufacturers Bank & Trust Company
Originating Lender Address FOREST CITY, IA
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 365731.49
Forgiveness Paid Date 2020-11-23
8965278603 2021-03-25 0508 PPS 302 Railroad St, Hartland, MN, 56042
Loan Status Date 2021-10-09
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 210085
Loan Approval Amount (current) 210085
Undisbursed Amount 0
Franchise Name -
Lender Location ID 25006
Servicing Lender Name Manufacturers Bank & Trust Company
Servicing Lender Address 245 E 'J' St, FOREST CITY, IA, 50436
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Hartland, FREEBORN, MN, 56042
Project Congressional District MN-01
Number of Employees 18
NAICS code 115112
Borrower Race Unanswered
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 25006
Originating Lender Name Manufacturers Bank & Trust Company
Originating Lender Address FOREST CITY, IA
Gender Male Owned
Veteran Unanswered
Forgiveness Amount 211147.1
Forgiveness Paid Date 2021-09-28

Motor Carrier Census

USDOT Number Carrier Operation MCS-150 Form Date MCS-150 Mileage MCS-150 Year Power Units Drivers Operation Classification
209948 Interstate 2024-07-30 60000 2023 20 7 Private(Property)
Legal Name KROWN INC
DBA Name HI-YIELD PRODUCTS
Physical Address 502 RAILROAD STREET, HARTLAND, MN, 56042, US
Mailing Address PO BOX 506, HARTLAND, MN, 56042, US
Phone (507) 845-2235
Fax (507) 845-2199
E-mail HIYIELDPRODUCTS@GMAIL.COM

Safety Measurement System - All Transportation
Total Number of Inspections for the measurement period (24 months) 8
Driver Fitness BASIC Serious Violation Indicator No
Vehicle Maintenance BASIC Acute/Critical Indicator No
Unsafe Driving BASIC Acute/Critical Indicator No
Driver Fitness BASIC Roadside Performance measure value 0
Hours-of-Service (HOS) Compliance BASIC Roadside Performance measure value 0
Total Number of Driver Inspections for the measurment period 8
Vehicle Maintenance BASIC Roadside Performance measure value 2.08
Total Number of Vehicle Inspections for the measurement period 5
Controlled Substances and Alcohol BASIC Roadside Performance measure value 0
Unsafe Driving BASIC Roadside Performance Measure Value 2.67
Number of inspections with at least one Driver Fitness BASIC violation 0
Number of inspections with at least one Hours-of-Service BASIC violation 0
Total Number of Driver Inspections containing at least one Driver Out-of-Service Violation 0
Number of inspections with at least one Vehicle Maintenance BASIC violation 3
Total Number of Vehicle Inspections containing at least one Vehicle Out-of-Service violation 0
Number of inspections with at least one Controlled Substances and Alcohol BASIC violation 0
Number of inspections with at least one Unsafe Driving BASIC violation 3

Inspections
Unique report number of the inspection 000P16D86Z
State abbreviation that indicates the state the inspector is from IA
The date of the inspection 2024-11-17
ID that indicates the level of inspection Walk-around
State abbreviation that indicates where the inspection occurred IA
Time weight of the inspection 3
Number of Out-Of-Service violations related to Driver 0
Number of Out-Of-Service violations related to vehicle 0
Number of violations related to Hazardous Materials 1
Total number of Out-Of-Service violations 0
Total number of Out-Of-Service violations related to Hazardous Materials 0
Hazardous substance labeling is required Y
Description of the type of the main unit TRUCK TRACTOR
Description of the make of the main unit INTL
License plate of the main unit PAJ3018
License state of the main unit MN
Vehicle Identification Number of the main unit 2HSCNASR7YC061311
Description of the type of the secondary unit SEMI-TRAILER
Description of the make of the secondary unit LUBB
License plate of the secondary unit 4167STX
License state of the secondary unit MN
Vehicle Identification Number of the secondary unit J1060E105
Unsafe Driving BASIC inspection Y
Hours-of-Service Compliance BASIC inspection Y
Driver Fitness BASIC inspection Y
Controlled Substances/Alcohol BASIC inspection Y
Vehicle Maintenance BASIC inspection Y
Hazardous Materials Compliance BASIC inspection Y
Total number of BASIC violations 2
Number of Unsafe Driving BASIC violations 1
Number of Hours-of-Service Compliance BASIC violations 0
Number of Driver Fitness BASIC violations 0
Number of Controlled Substances/Alcohol BASIC violations 0
Number of Vehicle Maintenance BASIC violations 1
Number of Hazardous Materials Compliance BASIC violations 0
Unique report number of the inspection 0460000068
State abbreviation that indicates the state the inspector is from MN
The date of the inspection 2024-11-06
ID that indicates the level of inspection Driver-Only
State abbreviation that indicates where the inspection occurred MN
Time weight of the inspection 3
Number of Out-Of-Service violations related to Driver 0
Number of Out-Of-Service violations related to vehicle 0
Number of violations related to Hazardous Materials 0
Total number of Out-Of-Service violations 0
Total number of Out-Of-Service violations related to Hazardous Materials 0
Description of the type of the main unit TRUCK TRACTOR
Description of the make of the main unit INTERNATIO
License plate of the main unit PAN6299
License state of the main unit MN
Vehicle Identification Number of the main unit 2HSCEAMR81C025551
Description of the type of the secondary unit SEMI-TRAILER
Description of the make of the secondary unit POLAR MFG.
License plate of the secondary unit STB3081
License state of the secondary unit MN
Vehicle Identification Number of the secondary unit 1PMS1422691035298
Unsafe Driving BASIC inspection Y
Hours-of-Service Compliance BASIC inspection Y
Driver Fitness BASIC inspection Y
Controlled Substances/Alcohol BASIC inspection Y
Total number of BASIC violations 0
Number of Unsafe Driving BASIC violations 0
Number of Hours-of-Service Compliance BASIC violations 0
Number of Driver Fitness BASIC violations 0
Number of Controlled Substances/Alcohol BASIC violations 0
Number of Vehicle Maintenance BASIC violations 0
Number of Hazardous Materials Compliance BASIC violations 0
Unique report number of the inspection 0395000229
State abbreviation that indicates the state the inspector is from MN
The date of the inspection 2024-10-30
ID that indicates the level of inspection Full
State abbreviation that indicates where the inspection occurred MN
Time weight of the inspection 3
Number of Out-Of-Service violations related to Driver 0
Number of Out-Of-Service violations related to vehicle 0
Number of violations related to Hazardous Materials 1
Total number of Out-Of-Service violations 0
Total number of Out-Of-Service violations related to Hazardous Materials 0
Hazardous substance labeling is required Y
Description of the type of the main unit TRUCK TRACTOR
Description of the make of the main unit INTERNATIO
License plate of the main unit PAC6388
License state of the main unit MN
Vehicle Identification Number of the main unit 2HSFMAMR7XC038123
Description of the type of the secondary unit SEMI-TRAILER
Description of the make of the secondary unit FRUEHAUF
License plate of the secondary unit 90256ST
License state of the secondary unit MN
Vehicle Identification Number of the secondary unit 0MN528010
Unsafe Driving BASIC inspection Y
Hours-of-Service Compliance BASIC inspection Y
Driver Fitness BASIC inspection Y
Controlled Substances/Alcohol BASIC inspection Y
Vehicle Maintenance BASIC inspection Y
Hazardous Materials Compliance BASIC inspection Y
Total number of BASIC violations 1
Number of Unsafe Driving BASIC violations 0
Number of Hours-of-Service Compliance BASIC violations 0
Number of Driver Fitness BASIC violations 0
Number of Controlled Substances/Alcohol BASIC violations 0
Number of Vehicle Maintenance BASIC violations 0
Number of Hazardous Materials Compliance BASIC violations 1
Unique report number of the inspection 000P14WS1M
State abbreviation that indicates the state the inspector is from IA
The date of the inspection 2024-11-04
ID that indicates the level of inspection Walk-around
State abbreviation that indicates where the inspection occurred IA
Time weight of the inspection 3
Number of Out-Of-Service violations related to Driver 0
Number of Out-Of-Service violations related to vehicle 0
Number of violations related to Hazardous Materials 1
Total number of Out-Of-Service violations 0
Total number of Out-Of-Service violations related to Hazardous Materials 0
Hazardous substance labeling is required Y
Description of the type of the main unit TRUCK TRACTOR
Description of the make of the main unit KW
License plate of the main unit PAW1142
License state of the main unit MN
Vehicle Identification Number of the main unit 1XKYDP9X3KJ288498
Description of the type of the secondary unit SEMI-TRAILER
Description of the make of the secondary unit LUBB
License plate of the secondary unit ST71792
License state of the secondary unit MN
Vehicle Identification Number of the secondary unit J0790B398
Unsafe Driving BASIC inspection Y
Hours-of-Service Compliance BASIC inspection Y
Driver Fitness BASIC inspection Y
Controlled Substances/Alcohol BASIC inspection Y
Vehicle Maintenance BASIC inspection Y
Hazardous Materials Compliance BASIC inspection Y
Total number of BASIC violations 1
Number of Unsafe Driving BASIC violations 0
Number of Hours-of-Service Compliance BASIC violations 0
Number of Driver Fitness BASIC violations 0
Number of Controlled Substances/Alcohol BASIC violations 0
Number of Vehicle Maintenance BASIC violations 1
Number of Hazardous Materials Compliance BASIC violations 0
Unique report number of the inspection 000P14S2J8
State abbreviation that indicates the state the inspector is from IA
The date of the inspection 2024-03-08
ID that indicates the level of inspection Walk-around
State abbreviation that indicates where the inspection occurred IA
Time weight of the inspection 2
Number of Out-Of-Service violations related to Driver 0
Number of Out-Of-Service violations related to vehicle 0
Number of violations related to Hazardous Materials 1
Total number of Out-Of-Service violations 0
Total number of Out-Of-Service violations related to Hazardous Materials 0
Hazardous substance labeling is required Y
Description of the type of the main unit TRUCK TRACTOR
Description of the make of the main unit KW
License plate of the main unit PAW1142
License state of the main unit MN
Vehicle Identification Number of the main unit 1XKYDP9X3KJ288498
Description of the type of the secondary unit SEMI-TRAILER
Description of the make of the secondary unit LBT
License plate of the secondary unit 90256ST
License state of the secondary unit MN
Vehicle Identification Number of the secondary unit 0MN528010
Unsafe Driving BASIC inspection Y
Hours-of-Service Compliance BASIC inspection Y
Driver Fitness BASIC inspection Y
Controlled Substances/Alcohol BASIC inspection Y
Vehicle Maintenance BASIC inspection Y
Hazardous Materials Compliance BASIC inspection Y
Total number of BASIC violations 0
Number of Unsafe Driving BASIC violations 0
Number of Hours-of-Service Compliance BASIC violations 0
Number of Driver Fitness BASIC violations 0
Number of Controlled Substances/Alcohol BASIC violations 0
Number of Vehicle Maintenance BASIC violations 0
Unique report number of the inspection 000P14WRFZ
State abbreviation that indicates the state the inspector is from IA
The date of the inspection 2024-01-27
ID that indicates the level of inspection Walk-around
State abbreviation that indicates where the inspection occurred IA
Time weight of the inspection 2
Number of Out-Of-Service violations related to Driver 0
Number of Out-Of-Service violations related to vehicle 0
Number of violations related to Hazardous Materials 0
Total number of Out-Of-Service violations 0
Total number of Out-Of-Service violations related to Hazardous Materials 0
Description of the type of the main unit TRUCK TRACTOR
Description of the make of the main unit INTL
License plate of the main unit PAH1182
License state of the main unit MN
Vehicle Identification Number of the main unit 3HSCNAMR02N040769
Description of the type of the secondary unit SEMI-TRAILER
Description of the make of the secondary unit NOVA
License plate of the secondary unit 2644STT
License state of the secondary unit MN
Vehicle Identification Number of the secondary unit 1N9S14227VA044073
Unsafe Driving BASIC inspection Y
Hours-of-Service Compliance BASIC inspection Y
Driver Fitness BASIC inspection Y
Controlled Substances/Alcohol BASIC inspection Y
Vehicle Maintenance BASIC inspection Y
Total number of BASIC violations 2
Number of Unsafe Driving BASIC violations 0
Number of Hours-of-Service Compliance BASIC violations 0
Number of Driver Fitness BASIC violations 0
Number of Controlled Substances/Alcohol BASIC violations 0
Number of Vehicle Maintenance BASIC violations 2
Number of Hazardous Materials Compliance BASIC violations 0
Unique report number of the inspection 000P10SST6
State abbreviation that indicates the state the inspector is from IA
The date of the inspection 2023-03-01
ID that indicates the level of inspection Driver-Only
State abbreviation that indicates where the inspection occurred IA
Time weight of the inspection 1
Number of Out-Of-Service violations related to Driver 0
Number of Out-Of-Service violations related to vehicle 0
Number of violations related to Hazardous Materials 0
Total number of Out-Of-Service violations 0
Total number of Out-Of-Service violations related to Hazardous Materials 0
Description of the type of the main unit TRUCK TRACTOR
Description of the make of the main unit INTL
License plate of the main unit PAN6299
License state of the main unit MN
Vehicle Identification Number of the main unit 2HSCEAMR81C025551
Description of the type of the secondary unit SEMI-TRAILER
Description of the make of the secondary unit BRNR
License plate of the secondary unit 9188STY
License state of the secondary unit MN
Vehicle Identification Number of the secondary unit 10BCS5217EF007039
Unsafe Driving BASIC inspection Y
Hours-of-Service Compliance BASIC inspection Y
Driver Fitness BASIC inspection Y
Controlled Substances/Alcohol BASIC inspection Y
Total number of BASIC violations 1
Number of Unsafe Driving BASIC violations 1
Number of Hours-of-Service Compliance BASIC violations 0
Number of Driver Fitness BASIC violations 0
Number of Controlled Substances/Alcohol BASIC violations 0
Number of Vehicle Maintenance BASIC violations 0
Number of Hazardous Materials Compliance BASIC violations 0

Violations
The date of the inspection 2024-11-17
Code of the violation 39395A
Name of the BASIC Vehicle Maintenance
The violation is identified as Out-Of-Service violation N
The weight that is assigned to a violation if it's identified as an Out-Of-Service violation 0
The severity weight that is assigned to a violation 2
The time weight that is assigned to a violation 3
The description of a violation No/discharged/unsecured fire extinguisher
The description of the violation group Emergency Equipment
The unit a violation is cited against Vehicle main unit
The date of the inspection 2024-11-17
Code of the violation 39216
Name of the BASIC Unsafe Driving
The violation is identified as Out-Of-Service violation N
The weight that is assigned to a violation if it's identified as an Out-Of-Service violation 0
The severity weight that is assigned to a violation 7
The time weight that is assigned to a violation 3
The description of a violation Failing to use seat belt while operating a CMV
The description of the violation group Seat Belt
The unit a violation is cited against Driver
The date of the inspection 2024-10-30
Code of the violation 1783379CHMP
Name of the BASIC Hazardous Materials Compliance
The violation is identified as Out-Of-Service violation N
The weight that is assigned to a violation if it's identified as an Out-Of-Service violation 0
The severity weight that is assigned to a violation 8
The time weight that is assigned to a violation 3
The description of a violation HM (Packaging) - MC 331 improper marking of inlets/outlets.
The description of the violation group Package Integrity - HM
The unit a violation is cited against Vehicle secondary unit
The date of the inspection 2024-11-04
Code of the violation 39311TL
Name of the BASIC Vehicle Maintenance
The violation is identified as Out-Of-Service violation N
The weight that is assigned to a violation if it's identified as an Out-Of-Service violation 0
The severity weight that is assigned to a violation 3
The time weight that is assigned to a violation 3
The description of a violation Truck-Tractor lower rear mud flaps retroreflective sheeting / reflex reflective material requirements for vehicles manufactured after July 1997
The description of the violation group Reflective Sheeting
The unit a violation is cited against Vehicle main unit
The date of the inspection 2024-01-27
Code of the violation 3939T
Name of the BASIC Vehicle Maintenance
The violation is identified as Out-Of-Service violation N
The weight that is assigned to a violation if it's identified as an Out-Of-Service violation 0
The severity weight that is assigned to a violation 6
The time weight that is assigned to a violation 2
The description of a violation Inoperable tail lamp
The description of the violation group Lighting
The unit a violation is cited against Vehicle main unit
The date of the inspection 2024-01-27
Code of the violation 39345
Name of the BASIC Vehicle Maintenance
The violation is identified as Out-Of-Service violation N
The weight that is assigned to a violation if it's identified as an Out-Of-Service violation 0
The severity weight that is assigned to a violation 4
The time weight that is assigned to a violation 2
The description of a violation Brake tubing and hose adequacy
The description of the violation group Brakes All Others
The unit a violation is cited against Vehicle main unit
The date of the inspection 2023-03-01
Code of the violation 3922SLLS3
Name of the BASIC Unsafe Driving
The violation is identified as Out-Of-Service violation N
The weight that is assigned to a violation if it's identified as an Out-Of-Service violation 0
The severity weight that is assigned to a violation 7
The time weight that is assigned to a violation 1
The description of a violation State/Local Laws - Speeding 11-14 miles per hour over the speed limit
The description of the violation group Speeding 3
The unit a violation is cited against Driver

Related by officers

Kyle Reed

Reed Holdings LLC K.J. Leasing, LLC

Related by address

Railroad Str, Hartland, MN 56042, USA

All Tanks, Inc.

Date of last update: 08 Feb 2025

Sources: Minnesota's Official State Website

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