# PPP loan: THE CLAUSEN AGENCY INC.
> **$346K** approved 04/08/2020 · Paid in Full · Loan `8449597003`
## Borrower
- **Name:** THE CLAUSEN AGENCY INC.
- **Address:** 333 Route 25A Ste. 150, ROCKY POINT, NY, 11778-0001
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $346K
- **Initial approval:** $346K
- **Forgiven:** $349K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $277K
- **Rent:** $69K
- **Jobs reported:** 27
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Dime Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*