PPP Loan information for Clem lumber and distributing company

$573,000

Clem lumber and distributing company was initially approved for PPP Loan of amount $573,000, the current approved amount is $573,000. The loan was approved on 04/10/2020 by The The Huntington National Bank reported 62 jobs and $573,000 was used to fund payroll.

Clem lumber and distributing company is Existing or more than 2 years old

CLEM LUMBER AND DISTRIBUTING COMPANY

Date Approved

04/10/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

CLEM LUMBER AND DISTRIBUTING COMPANY

Borrower Address

16055 WAVERLY ST

Borrower City

ALLIANCE

Borrower State

OH

Borrower Zip

44601-1441

Loan Status Date

11/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

573000.00

Current Approval Amount

573000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALLIANCE

Project County Name

STARK

Project State

OH

Project Zip

44601-1441

CD

OH-06

Jobs Reported

62

NAICS Code

423310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

573000.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

580912.11

Forgiveness Date

09/08/2021

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