# PPP loan: CLUTCH HOLDINGS 1 LLC
> **$166K** approved 04/27/2020 · Charged Off · Loan `5270417209`
## Borrower
- **Name:** CLUTCH HOLDINGS 1 LLC
- **Address:** 696 Sawmill Rd, Durango, CO, 81301-6624
- **NAICS:** 325411
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $166K
- **Initial approval:** $166K
- **Forgiven:** $105K (63%)
- **Forgiveness date:** 04/05/2021
- **Status:** Charged Off
- **Term:** 6 months
## Use of funds
- **Payroll:** $166K
- **Jobs reported:** 8
## Lender
- **Originating:** First Southwest Bank
- **Servicing:** First Southwest Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*