# PPP loan: CLAUSING INDUSTRIAL INC
> **$783K** approved 01/31/2021 · Paid in Full · Loan `1045938410`
## Borrower
- **Name:** CLAUSING INDUSTRIAL INC
- **Address:** 3963 Emerald Dr, Kalamazoo, MI, 49001-7923
- **NAICS:** 423810
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $783K
- **Initial approval:** $783K
- **Forgiven:** $789K (101%)
- **Forgiveness date:** 10/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $783K
- **Utilities:** $1
- **Jobs reported:** 124
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*