PPP Loan information for Clemen electric

$15,703

Clemen electric was initially approved for PPP Loan of amount $15,703, the current approved amount is $15,703. The loan was approved on 04/27/2020 by The Farmers and Merchants State Bank of Appleton reported 4 jobs and $15,703 was used to fund payroll.

Clemen electric is Existing or more than 2 years old

CLEMEN ELECTRIC

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CLEMEN ELECTRIC

Borrower Address

832 ASH ST

Borrower City

APPLETON

Borrower State

MN

Borrower Zip

56208-1023

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15702.50

Current Approval Amount

15702.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36603

Servicing Lender Name

Farmers and Merchants State Bank of Appleton

Servicing Lender Address

239 N Miles St

Servicing Lender City

APPLETON

Servicing Lender State

MN

Servicing Lender Zip

56208-1318

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

APPLETON

Project County Name

SWIFT

Project State

MN

Project Zip

56208-1023

CD

MN-07

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1500.00

Payroll Proceed

13347.00

Mortgage Interest Proceed

855.50

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Self-Employed Individuals

Originating Lender Location Id

36603

Originating Lender

Farmers and Merchants State Bank of Appleton

Originating Lender City

APPLETON

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

15817.80

Forgiveness Date

01/28/2021

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