# PPP loan: CLARE BEDDING MFG. CO.
> **$263K** approved 04/07/2020 · Paid in Full · Loan `7109197000`
## 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:** $263K
- **Initial approval:** $263K
- **Forgiven:** $265K (101%)
- **Forgiveness date:** 12/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $263K
- **Jobs reported:** 33
## 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*