PPP Loan information for Clutch industries inc

$87,700

Clutch industries inc was initially approved for PPP Loan of amount $87,700, the current approved amount is $87,700. The loan was approved on 04/15/2020 by The Willamette Valley Bank reported 5 jobs and $87,700 was used to fund payroll.

Clutch industries inc is Existing or more than 2 years old

PPP Loan Search / OR / SALEM / Clutch industries inc

CLUTCH INDUSTRIES INC

Date Approved

04/15/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

CLUTCH INDUSTRIES INC

Borrower Address

360 BELMONT ST NE

Borrower City

SALEM

Borrower State

OR

Borrower Zip

97301-1006

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87700.00

Current Approval Amount

87700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203330

Servicing Lender Name

Willamette Valley Bank

Servicing Lender Address

101 High St NE

Servicing Lender City

SALEM

Servicing Lender State

OR

Servicing Lender Zip

97301-3641

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

MARION

Project State

OR

Project Zip

97301-1006

CD

OR-05

Jobs Reported

5

NAICS Code

236210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

21925.00

Payroll Proceed

65775.00

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

Subchapter S Corporation

Originating Lender Location Id

203330

Originating Lender

Willamette Valley Bank

Originating Lender City

SALEM

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

88317.50

Forgiveness Date

01/07/2021

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