PPP Loan information for Bay clips, inc.

$318,100

Bay clips, inc. was initially approved for PPP Loan of amount $318,100, the current approved amount is $318,100. The loan was approved on 04/28/2020 by The First Bank reported 62 jobs and $318,100 was used to fund payroll.

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

PPP Loan Search / VA / VIRGINIA BEACH / Bay clips, inc.

BAY CLIPS, INC.

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

BAY CLIPS, INC.

Borrower Address

2208 Lateener Court

Borrower City

VIRGINIA BEACH

Borrower State

VA

Borrower Zip

23455-1698

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

318100.00

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

23455-1698

CD

VA-02

Jobs Reported

62

NAICS Code

812112

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

260000.00

Mortgage Interest Proceed

0.00

Rent Proceed

38100.00

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

309914.84

Forgiveness Date

12/09/2020

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