PPP Loan from Celtic Bank Corporation
Company: CleanSpark
The claim, verbatim
CleanSpark received a $531,169 Paycheck Protection Program loan approved on May 15, 2020, maturing on May 7, 2022, at 1.0% per annum interest, with monthly payments commencing December 7, 2020
Source (primary)
CleanSpark 8-K filed 2020-05-20 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “the Loan was approved and Borrower received the proceeds from the loan in the amount of $531,169.00 (the "PPP Loan"). The PPP Loan, which took the form of a promissory note issued by Borrower (the "Promissory Note") matures on May 7, 2022 and bears interest at a rate of 1.0% per annum. Monthly principal and interest payments, less the amount of any potential forgiveness (discussed below), will commence on December 7, 2020.”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms CleanSpark 8-K filed 2020-05-20
Quote: “the Loan was approved and Borrower received the proceeds from the loan in the amount of $531,169.00 (the "PPP Loan"). The PPP Loan, which took the form of a promissory note issued by Borrower (the "Promissory Note") matures on May 7, 2022 and bears interest at a rate of 1.0% per annum. Monthly principal and interest payments, less the amount of any potential forgiveness (discussed below), will commence on December 7, 2020.”