Clearline Cutlery Manufacturers, Inc.

$138,300 PPP Loan in Traer, Iowa

Loan Details

Loan Number
4542957000
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$138,300
Current Approval
$138,300
Forgiveness Amount
$139,476
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Clearline Cutlery Manufacturers, Inc.
Address
1561 South Main Street
City
Traer
State
Iowa
ZIP Code
50675-1460
Business Type
Corporation
Industry (NAICS)
Manufacturing (331221)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-02

Loan Use Breakdown

Payroll
$113,027
Utilities
$9,524
Health Care
$3,645
Mortgage Interest
$7,104
Debt Interest
$5,000

Lender Information

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

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