# PPP loan: CLAUSS BROTHERS, INC.
> **$397K** approved 04/13/2020 · Paid in Full · Loan `5310477102`
## Borrower
- **Name:** CLAUSS BROTHERS, INC.
- **Address:** 12 N 330 SWITZER RD, ELGIN, IL, 60124-8050
- **NAICS:** 561730
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $397K
- **Initial approval:** $397K
- **Forgiven:** $401K (101%)
- **Forgiveness date:** 06/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $397K
- **Jobs reported:** 47
## Lender
- **Originating:** American Commercial Bank & Trust, National Association
- **Servicing:** American Commercial Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*