PPP Loan information for Clements lumber, inc.

$162,474

Clements lumber, inc. was initially approved for PPP Loan of amount $162,474, the current approved amount is $162,474. The loan was approved on 04/05/2020 by The Farmers and Merchants State Bank of Springfield reported 25 jobs and $162,474 was used to fund payroll.

Clements lumber, inc. is Existing or more than 2 years old

PPP Loan Search / MN / SPRINGFIELD / Clements lumber, inc.

CLEMENTS LUMBER, INC.

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CLEMENTS LUMBER, INC.

Borrower Address

1275 WEST CENTRAL ST

Borrower City

SPRINGFIELD

Borrower State

MN

Borrower Zip

56087-1350

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

162474.27

Current Approval Amount

162474.27

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38923

Servicing Lender Name

Farmers and Merchants State Bank of Springfield

Servicing Lender Address

101 N Marshall Ave

Servicing Lender City

SPRINGFIELD

Servicing Lender State

MN

Servicing Lender Zip

56087-2611

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

BROWN

Project State

MN

Project Zip

56087-1350

CD

MN-07

Jobs Reported

25

NAICS Code

444190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16247.43

Payroll Proceed

146226.84

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

38923

Originating Lender

Farmers and Merchants State Bank of Springfield

Originating Lender City

SPRINGFIELD

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

163391.25

Forgiveness Date

11/03/2020

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