PPP Loan information for Clausen racing products, l.l.c

$58,116

Clausen racing products, l.l.c was initially approved for PPP Loan of amount $58,116, the current approved amount is $58,116. The loan was approved on 04/14/2020 by The First Guaranty Bank reported 6 jobs and $58,116 was used to fund payroll.

Clausen racing products, l.l.c is Existing or more than 2 years old

CLAUSEN RACING PRODUCTS, L.L.C

Date Approved

04/14/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

CLAUSEN RACING PRODUCTS, L.L.C

Borrower Address

55351 HIGHWAY 51

Borrower City

INDEPENDENCE

Borrower State

LA

Borrower Zip

70443-4265

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58116.00

Current Approval Amount

58116.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28259

Servicing Lender Name

First Guaranty Bank

Servicing Lender Address

400 E Thomas St

Servicing Lender City

HAMMOND

Servicing Lender State

LA

Servicing Lender Zip

70401-3320

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

INDEPENDENCE

Project County Name

TANGIPAHOA

Project State

LA

Project Zip

70443-4265

CD

LA-05

Jobs Reported

6

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

58116.00

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

28259

Originating Lender

First Guaranty Bank

Originating Lender City

HAMMOND

Originating Lender State

LA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

56703.30

Forgiveness Date

05/18/2021

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