Gary W. Clem Inc.

$1,900,000 PPP Loan in Nevada, Iowa

Loan Details

Loan Number
7458358408
Date Approved
Feb 12, 2021
Loan Status
Paid in Full
Initial Approval
$1,900,000
Current Approval
$1,900,000
Forgiveness Amount
$1,919,312
Forgiveness Date
Feb 25, 2022
Term
24 months
Draw
Second Draw

Business Information

Business Name
Gary W. Clem Inc.
Address
99 M Ave
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
168
Estimated Revenue
$44.0M
Rural/Urban
Urban
Congressional District
IA-04

Loan Use Breakdown

Payroll
$1,899,997
Utilities
$1

Lender Information

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

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