PPP Loan information for Clara's on the river inc.

$269,900

Clara's on the river inc. was initially approved for PPP Loan of amount $195,300, the current approved amount is $269,900. The loan was approved on 01/21/2021 by The Comerica Bank reported 33 jobs and $269,900 was used to fund payroll.

Clara's on the river inc. is Existing or more than 2 years old

CLARA'S ON THE RIVER INC.

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CLARA'S ON THE RIVER INC.

Borrower Address

44 McCamly St N

Borrower City

Battle Creek

Borrower State

MI

Borrower Zip

49017-3550

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

195300.00

Current Approval Amount

269900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Battle Creek

Project County Name

CALHOUN

Project State

MI

Project Zip

49017-3550

CD

MI-03

Jobs Reported

33

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

269895.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

271781.80

Forgiveness Date

10/06/2021

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