PPP Loan information for Clyde machines, inc.

$1,270,300

Clyde machines, inc. was initially approved for PPP Loan of amount $883,700, the current approved amount is $1,270,300. The loan was approved on 04/03/2020 by The Glenwood State Bank Incorporated reported 129 jobs and $1,270,300 was used to fund payroll.

Clyde machines, inc. is Existing or more than 2 years old

CLYDE MACHINES, INC.

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CLYDE MACHINES, INC.

Borrower Address

1150 State Hwy 55 North

Borrower City

GLENWOOD

Borrower State

MN

Borrower Zip

56334-1985

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

883700.00

Current Approval Amount

1270300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38123

Servicing Lender Name

Glenwood State Bank Incorporated

Servicing Lender Address

5 E Minnesota Ave

Servicing Lender City

GLENWOOD

Servicing Lender State

MN

Servicing Lender Zip

56334-1625

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GLENWOOD

Project County Name

POPE

Project State

MN

Project Zip

56334-1985

CD

MN-07

Jobs Reported

129

NAICS Code

339999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1270300.00

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

38123

Originating Lender

Glenwood State Bank Incorporated

Originating Lender City

GLENWOOD

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1277434.56

Forgiveness Date

11/05/2020

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