PPP Loan information for Cloute, inc.

$256,000

Cloute, inc. was initially approved for PPP Loan of amount $256,000, the current approved amount is $256,000. The loan was approved on 04/08/2020 by The Johnson Bank reported 32 jobs and $256,000 was used to fund payroll.

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

CLOUTE, INC.

Date Approved

04/08/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

CLOUTE, INC.

Borrower Address

1007 MADISON AVE

Borrower City

FORT ATKINSON

Borrower State

WI

Borrower Zip

53538-1381

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

256000.00

Current Approval Amount

256000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT ATKINSON

Project County Name

JEFFERSON

Project State

WI

Project Zip

53538-1381

CD

WI-05

Jobs Reported

32

NAICS Code

561720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

32000.00

Payroll Proceed

192000.00

Mortgage Interest Proceed

32000.00

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

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

257564.05

Forgiveness Date

12/02/2020

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