Clearline Industries, LLC

$95,400 PPP Loan in Traer, Iowa

Loan Details

Loan Number
4520177001
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$95,400
Current Approval
$95,400
Forgiveness Amount
$96,126
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Clearline Industries, LLC
Address
1561 South Main Street
City
Traer
State
Iowa
ZIP Code
50675-1460
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (331410)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-02

Loan Use Breakdown

Payroll
$71,529
Utilities
$3,883
Health Care
$3,250
Debt Interest
$16,738

Lender Information

Servicing Lender
Farmers Savings Bank & Trust
Originating Lender
Farmers Savings Bank & Trust

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