Clauson Dealer Services, LLC

$168,300 PPP Loan in Forest Lake, Minnesota

Loan Details

Loan Number
6587407100
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$168,300
Current Approval
$168,300
Forgiveness Amount
$169,550
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Clauson Dealer Services, LLC
Address
855 W Broadway Ave
ZIP Code
55025
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (524298)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-08

Loan Use Breakdown

Payroll
$126,225
Utilities
$16,830
Mortgage Interest
$25,245

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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