PPP Loan information for Clem's garage, incorporated

$232,100

Clem's garage, incorporated was initially approved for PPP Loan of amount $232,200, the current approved amount is $232,100. The loan was approved on 04/11/2020 by The Bank of Clarke reported 20 jobs and $232,100 was used to fund payroll.

Clem's garage, incorporated is Existing or more than 2 years old

PPP Loan Search / VA / STEPHENS CITY / Clem's garage, incorporated

CLEM'S GARAGE, INCORPORATED

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CLEM'S GARAGE, INCORPORATED

Borrower Address

5170 MAIN ST

Borrower City

STEPHENS CITY

Borrower State

VA

Borrower Zip

22655-2629

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

232200.00

Current Approval Amount

232100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73092

Servicing Lender Name

Bank of Clarke

Servicing Lender Address

2 E Main St

Servicing Lender City

BERRYVILLE

Servicing Lender State

VA

Servicing Lender Zip

22611-1338

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STEPHENS CITY

Project County Name

FREDERICK

Project State

VA

Project Zip

22655-2629

CD

VA-06

Jobs Reported

20

NAICS Code

811198

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

232100.00

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

73092

Originating Lender

Bank of Clarke

Originating Lender City

BERRYVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

234762.70

Forgiveness Date

06/15/2021

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