PPP Loan information for Clayton 40/42 inc

$119,165

Clayton 40/42 inc was initially approved for PPP Loan of amount $119,165, the current approved amount is $119,165. The loan was approved on 04/16/2020 by The First Horizon Bank reported 25 jobs and $119,165 was used to fund payroll.

Clayton 40/42 inc is Existing or more than 2 years old

CLAYTON 40/42 INC

Date Approved

04/16/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CLAYTON 40/42 INC

Borrower Address

1255 CRESCENT GREEN STE 105

Borrower City

CARY

Borrower State

NC

Borrower Zip

27518-8124

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119165.00

Current Approval Amount

119165.00

Undisbursed Amount

0.00

Franchise Name

Smithfield Chicken 'N Bar-B-Q/S.C.N.B. Chicken 'N Bar-B-Q

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARY

Project County Name

WAKE

Project State

NC

Project Zip

27518-8124

CD

NC-13

Jobs Reported

25

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13049.00

Payroll Proceed

95744.00

Mortgage Interest Proceed

0.00

Rent Proceed

7205.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3167.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

120505.61

Forgiveness Date

06/10/2021

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