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Clyde Machines, Inc.

$883,700 PPP Loan in Glenwood, Minnesota

Loan Details

Loan Number
4486117000
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$883,700
Current Approval
$1,270,300
Forgiveness Amount
$1,277,435
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Clyde Machines, Inc.
Address
1150 State Hwy 55 North
City
Glenwood
State
Minnesota
ZIP Code
56334-1985
Business Type
Corporation
Industry (NAICS)
Manufacturing (339999)
Business Age
Existing or more than 2 years old
Jobs Reported
129
Estimated Revenue
$36.0M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$1,270,300

Lender Information

Servicing Lender
Glenwood State Bank Incorporated
Originating Lender
Glenwood State Bank Incorporated

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