PPP Loan information for Clearone, inc.

$1,498,868

Clearone, inc. was initially approved for PPP Loan of amount $1,498,868, the current approved amount is $1,498,868. The loan was approved on 04/15/2020 by The U.S. Bank, National Association reported 73 jobs and $1,498,868 was used to fund payroll.

Clearone, inc. is Existing or more than 2 years old

PPP Loan Search / UT / SALT LAKE CITY / Clearone, inc.

CLEARONE, INC.

Date Approved

04/15/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

CLEARONE, INC.

Borrower Address

5225 Wiley Post Way STE 500

Borrower City

SALT LAKE CITY

Borrower State

UT

Borrower Zip

84116

Loan Status Date

05/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1498868.00

Current Approval Amount

1498868.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALT LAKE CITY

Project County Name

SALT LAKE

Project State

UT

Project Zip

84116-0001

CD

UT-02

Jobs Reported

73

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1498867.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.50

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1529511.52

Forgiveness Date

05/02/2022

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