PPP Loan information for Clauss brothers inc.

$396,800

Clauss brothers inc. was initially approved for PPP Loan of amount $396,800, the current approved amount is $396,800. The loan was approved on 01/26/2021 by The American Commercial Bank & Trust, National Association reported 47 jobs and $396,800 was used to fund payroll.

Clauss brothers inc. is Existing or more than 2 years old

PPP Loan Search / IL / Elgin / Clauss brothers inc.

CLAUSS BROTHERS INC.

Date Approved

01/26/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

CLAUSS BROTHERS INC.

Borrower Address

12N330 Switzer Rd

Borrower City

Elgin

Borrower State

IL

Borrower Zip

60124-8050

Loan Status Date

10/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

396800.00

Current Approval Amount

396800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22237

Servicing Lender Name

American Commercial Bank & Trust, National Association

Servicing Lender Address

701 LaSalle St

Servicing Lender City

OTTAWA

Servicing Lender State

IL

Servicing Lender Zip

61350-5011

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elgin

Project County Name

KANE

Project State

IL

Project Zip

60124-8050

CD

IL-11

Jobs Reported

47

NAICS Code

541320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

396794.00

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

22237

Originating Lender

American Commercial Bank & Trust, National Association

Originating Lender City

OTTAWA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

399489.42

Forgiveness Date

09/29/2021

;