# PPP loan: CLYDE MACHINES, INC.
> **$1.27M** approved 04/03/2020 · Paid in Full · Loan `4486117000`
## Borrower
- **Name:** CLYDE MACHINES, INC.
- **Address:** 1150 State Hwy 55 North, GLENWOOD, MN, 56334-1985
- **NAICS:** 339999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.27M
- **Initial approval:** $884K
- **Forgiven:** $1.28M (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.27M
- **Jobs reported:** 129
## Lender
- **Originating:** Glenwood State Bank Incorporated
- **Servicing:** Glenwood State Bank Incorporated (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*