PPP Loan information for Clare bedding mfg. co.

$263,000

Clare bedding mfg. co. was initially approved for PPP Loan of amount $263,000, the current approved amount is $263,000. The loan was approved on 04/07/2020 by The First Bank, Upper Michigan reported 33 jobs and $263,000 was used to fund payroll.

Clare bedding mfg. co. is Existing or more than 2 years old

CLARE BEDDING MFG. CO.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CLARE BEDDING MFG. CO.

Borrower Address

433 Stephenson Ave

Borrower City

ESCANABA

Borrower State

MI

Borrower Zip

49829-2733

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

263000.00

Current Approval Amount

263000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34945

Servicing Lender Name

First Bank, Upper Michigan

Servicing Lender Address

1400 Delta Ave

Servicing Lender City

GLADSTONE

Servicing Lender State

MI

Servicing Lender Zip

49837-1318

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ESCANABA

Project County Name

DELTA

Project State

MI

Project Zip

49829-2733

CD

MI-01

Jobs Reported

33

NAICS Code

337910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

263000.00

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

34945

Originating Lender

First Bank, Upper Michigan

Originating Lender City

GLADSTONE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

264822.99

Forgiveness Date

12/23/2020

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