Gary W Clem, Inc.

$2,402,704 PPP Loan in Nevada, Iowa

Loan Details

Loan Number
6751347000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$2,402,704
Current Approval
$2,402,704
Forgiveness Amount
$2,426,666
Forgiveness Date
Apr 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gary W Clem, Inc.
Address
99 M Avenue
City
Nevada
State
Iowa
ZIP Code
50201-1549
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333111)
Business Age
Existing or more than 2 years old
Jobs Reported
158
Estimated Revenue
$41.4M
Rural/Urban
Urban
Congressional District
IA-04

Loan Use Breakdown

Payroll
$2,042,299
Rent
$180,203
Utilities
$180,203

Lender Information

Servicing Lender
State Bank & Trust Co.
Originating Lender
State Bank & Trust Co.

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