PPP Loan information for Clausen supply co, inc.

$497,300

Clausen supply co, inc. was initially approved for PPP Loan of amount $497,300, the current approved amount is $497,300. The loan was approved on 04/09/2020 by The Ohnward Bank & Trust reported 43 jobs and $497,300 was used to fund payroll.

Clausen supply co, inc. is Existing or more than 2 years old

PPP Loan Search / IA / CLINTON / Clausen supply co, inc.

CLAUSEN SUPPLY CO, INC.

Date Approved

04/09/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

CLAUSEN SUPPLY CO, INC.

Borrower Address

2100 S 21ST ST

Borrower City

CLINTON

Borrower State

IA

Borrower Zip

52732-6814

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

497300.00

Current Approval Amount

497300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24584

Servicing Lender Name

Ohnward Bank & Trust

Servicing Lender Address

332 1st Ave W

Servicing Lender City

CASCADE

Servicing Lender State

IA

Servicing Lender Zip

52033-7721

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLINTON

Project County Name

CLINTON

Project State

IA

Project Zip

52732-6814

CD

IA-01

Jobs Reported

43

NAICS Code

332322

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

497300.00

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

24584

Originating Lender

Ohnward Bank & Trust

Originating Lender City

CASCADE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

501087.65

Forgiveness Date

01/20/2021

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