PPP Loan information for Clearline cutlery manufacturers, inc.

$138,300

Clearline cutlery manufacturers, inc. was initially approved for PPP Loan of amount $138,300, the current approved amount is $138,300. The loan was approved on 04/03/2020 by The Farmers Savings Bank & Trust reported 14 jobs and $138,300 was used to fund payroll.

Clearline cutlery manufacturers, inc. is Existing or more than 2 years old

CLEARLINE CUTLERY MANUFACTURERS, INC.

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

CLEARLINE CUTLERY MANUFACTURERS, INC.

Borrower Address

1561 South Main Street

Borrower City

TRAER

Borrower State

IA

Borrower Zip

50675-1460

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

138300.00

Current Approval Amount

138300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25540

Servicing Lender Name

Farmers Savings Bank & Trust

Servicing Lender Address

611 Second St

Servicing Lender City

TRAER

Servicing Lender State

IA

Servicing Lender Zip

50675-1230

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TRAER

Project County Name

TAMA

Project State

IA

Project Zip

50675-1460

CD

IA-02

Jobs Reported

14

NAICS Code

331221

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9524.00

Payroll Proceed

113027.00

Mortgage Interest Proceed

7104.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3645.00

Debt Interest Proceed

5000

Business Type

Corporation

Originating Lender Location Id

25540

Originating Lender

Farmers Savings Bank & Trust

Originating Lender City

TRAER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

139475.55

Forgiveness Date

02/09/2021

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