PPP Loan information for Bama clips inc

$432,470

Bama clips inc was initially approved for PPP Loan of amount $432,470, the current approved amount is $432,470. The loan was approved on 02/19/2021 by The Redstone FCU reported 82 jobs and $432,470 was used to fund payroll.

Bama clips inc is Existing or more than 2 years old

BAMA CLIPS INC

Date Approved

02/19/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

BAMA CLIPS INC

Borrower Address

2802 Callodon Pl SE

Borrower City

Owens Cross Roads

Borrower State

AL

Borrower Zip

35763-8752

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

432470.20

Current Approval Amount

432470.20

Undisbursed Amount

0.00

Franchise Name

Great Clips

Servicing Lender Location Id

91061

Servicing Lender Name

Redstone FCU

Servicing Lender Address

220 Wynn Dr

Servicing Lender City

HUNTSVILLE

Servicing Lender State

AL

Servicing Lender Zip

35893-0001

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Owens Cross Roads

Project County Name

MADISON

Project State

AL

Project Zip

35763-8752

CD

AL-05

Jobs Reported

82

NAICS Code

812112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

432468.20

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

91061

Originating Lender

Redstone FCU

Originating Lender City

HUNTSVILLE

Originating Lender State

AL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

435775.93

Forgiveness Date

12/07/2021

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