Clearon Corp.

$3,341,600 PPP Loan in South Charleston, West Virginia

Loan Details

Loan Number
5425567203
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$3,341,600
Current Approval
$2,844,900
Forgiveness Amount
$2,876,468
Forgiveness Date
Dec 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Clearon Corp.
Address
95 Maccorkle Ave, SW
ZIP Code
25303
Business Type
Corporation
Industry (NAICS)
Manufacturing (325181)
Business Age
Existing or more than 2 years old
Jobs Reported
124
Estimated Revenue
$123.0M
Rural/Urban
Urban
Congressional District
WV-01

Loan Use Breakdown

Payroll
$2,275,920
Rent
$284,490
Utilities
$284,490

Lender Information

Servicing Lender
Peoples Bank
Originating Lender
Peoples Bank

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