PPP Loan information for Bay clips inc.

$318,100

Bay clips inc. was initially approved for PPP Loan of amount $321,100, the current approved amount is $318,100. The loan was approved on 01/21/2021 by The First Bank reported 49 jobs and $318,100 was used to fund payroll.

Bay clips inc. is Existing or more than 2 years old

BAY CLIPS INC.

Date Approved

01/21/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

BAY CLIPS INC.

Borrower Address

2232 Oak St

Borrower City

Virginia Beach

Borrower State

VA

Borrower Zip

23451-1312

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

321100.00

Current Approval Amount

318100.00

Undisbursed Amount

0.00

Franchise Name

Great Clips

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Virginia Beach

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23451-1312

CD

VA-02

Jobs Reported

49

NAICS Code

812112

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

318100.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

320243.91

Forgiveness Date

10/06/2021

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