PPP Loan information for Clausing industrial inc

$783,045

Clausing industrial inc was initially approved for PPP Loan of amount $783,045, the current approved amount is $783,045. The loan was approved on 01/31/2021 by The Bank of America, National Association reported 124 jobs and $783,045 was used to fund payroll.

Clausing industrial inc is Existing or more than 2 years old

PPP Loan Search / MI / Kalamazoo / Clausing industrial inc

CLAUSING INDUSTRIAL INC

Date Approved

01/31/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CLAUSING INDUSTRIAL INC

Borrower Address

3963 Emerald Dr

Borrower City

Kalamazoo

Borrower State

MI

Borrower Zip

49001-7923

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

783045.00

Current Approval Amount

783045.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kalamazoo

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49001-7923

CD

MI-04

Jobs Reported

124

NAICS Code

423810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

783042.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

788622.85

Forgiveness Date

10/20/2021

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