PPP Loan information for Clerc enterprises of south central mn llc

$847,000

Clerc enterprises of south central mn llc was initially approved for PPP Loan of amount $902,700, the current approved amount is $847,000. The loan was approved on 04/04/2020 by The Bank Midwest reported 200 jobs and $847,000 was used to fund payroll.

Clerc enterprises of south central mn llc is Existing or more than 2 years old

CLERC ENTERPRISES OF SOUTH CENTRAL MN LLC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CLERC ENTERPRISES OF SOUTH CENTRAL MN LLC

Borrower Address

1920 KNOLLWOOD DR

Borrower City

FAIRMONT

Borrower State

MN

Borrower Zip

56031-2304

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

902700.00

Current Approval Amount

847000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38258

Servicing Lender Name

Bank Midwest

Servicing Lender Address

1525 18th St

Servicing Lender City

SPIRIT LAKE

Servicing Lender State

IA

Servicing Lender Zip

51360-1023

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRMONT

Project County Name

MARTIN

Project State

MN

Project Zip

56031-2304

CD

MN-01

Jobs Reported

200

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

847000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

38258

Originating Lender

Bank Midwest

Originating Lender City

SPIRIT LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

852929.00

Forgiveness Date

01/11/2021

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