Date Approved
07/30/2020
SBA Office Code
0761
Processing Method
PPP
Borrower Name
PAUL T. CLAUSEN
Borrower Address
1744 540TH AVE
Borrower City
ARMSTRONG
Borrower State
IA
Borrower Zip
50514-7514
Loan Status Date
06/08/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
10700.00
Current Approval Amount
20833.00
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
Servicing Lender Zip
51360-1023
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
EMMET
Project State
Project Zip
CD
IA-04
Jobs Reported
1
NAICS Code
111150
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Sole Proprietorship
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
20972.47
Forgiveness Date
04/02/2021