PPP Loan information for Clearline cutlery manufacturers, inc.

$138,312

Clearline cutlery manufacturers, inc. was initially approved for PPP Loan of amount $138,312, the current approved amount is $138,312. The loan was approved on 02/17/2021 by The Farmers Savings Bank & Trust reported 14 jobs and $138,312 was used to fund payroll.

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

CLEARLINE CUTLERY MANUFACTURERS, INC.

Date Approved

02/17/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

CLEARLINE CUTLERY MANUFACTURERS, INC.

Borrower Address

1561 S Main St

Borrower City

Traer

Borrower State

IA

Borrower Zip

50675-1460

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

138312.00

Current Approval Amount

138312.00

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

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

138307.00

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

25540

Originating Lender

Farmers Savings Bank & Trust

Originating Lender City

TRAER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

139364.71

Forgiveness Date

11/24/2021

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