PPP Loan information for Rclc, inc.

$145,900

Rclc, inc. was initially approved for PPP Loan of amount $145,900, the current approved amount is $145,900. The loan was approved on 04/04/2020 by The Clear Lake Bank & Trust Company reported 30 jobs and $145,900 was used to fund payroll.

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

PPP Loan Search / IA / CLEAR LAKE / Rclc, inc.

RCLC, INC.

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

RCLC, INC.

Borrower Address

1204 N 25th Street

Borrower City

CLEAR LAKE

Borrower State

IA

Borrower Zip

50428-2091

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

145900.00

Current Approval Amount

145900.00

Undisbursed Amount

0.00

Franchise Name

Culver's ButterBurgers & Frozen Custard

Servicing Lender Location Id

24776

Servicing Lender Name

Clear Lake Bank & Trust Company

Servicing Lender Address

322 Main Ave

Servicing Lender City

CLEAR LAKE

Servicing Lender State

IA

Servicing Lender Zip

50428-1825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLEAR LAKE

Project County Name

CERRO GORDO

Project State

IA

Project Zip

50428-2091

CD

IA-02

Jobs Reported

30

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

17000.00

Payroll Proceed

118000.00

Mortgage Interest Proceed

5000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5900.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24776

Originating Lender

Clear Lake Bank & Trust Company

Originating Lender City

CLEAR LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

146982.09

Forgiveness Date

01/07/2021

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