PPP Loan information for Clausen supply of iowa, inc.

$245,000

Clausen supply of iowa, inc. was initially approved for PPP Loan of amount $325,000, the current approved amount is $245,000. The loan was approved on 04/06/2020 by The First Central State Bank reported 23 jobs and $245,000 was used to fund payroll.

Clausen supply of iowa, inc. is Existing or more than 2 years old

PPP Loan Search / IA / CLINTON / Clausen supply of iowa, inc.

CLAUSEN SUPPLY OF IOWA, INC.

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

CLAUSEN SUPPLY OF IOWA, INC.

Borrower Address

1219 S. 2nd Street

Borrower City

CLINTON

Borrower State

IA

Borrower Zip

52732-5742

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

325000.00

Current Approval Amount

245000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24910

Servicing Lender Name

First Central State Bank

Servicing Lender Address

914 6th Ave

Servicing Lender City

DE WITT

Servicing Lender State

IA

Servicing Lender Zip

52742-1331

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLINTON

Project County Name

CLINTON

Project State

IA

Project Zip

52732-5742

CD

IA-01

Jobs Reported

23

NAICS Code

423730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

24500.00

Payroll Proceed

196000.00

Mortgage Interest Proceed

0.00

Rent Proceed

24500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24910

Originating Lender

First Central State Bank

Originating Lender City

DE WITT

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

246906.30

Forgiveness Date

01/20/2021

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