# PPP loan: CLARE BEDDING MFG. CO.
> **$255K** approved 01/20/2021 · Paid in Full · Loan `1966078308`
## Borrower
- **Name:** CLARE BEDDING MFG. CO.
- **Address:** 433 Stephenson Ave, Escanaba, MI, 49829-2733
- **NAICS:** 337910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $255K
- **Initial approval:** $255K
- **Forgiven:** $257K (101%)
- **Forgiveness date:** 10/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $255K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** First Bank, Upper Michigan
- **Servicing:** First Bank, Upper Michigan (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*