PPP Loan information for Clipper city brewing co.

$570,782

Clipper city brewing co. was initially approved for PPP Loan of amount $570,782, the current approved amount is $570,782. The loan was approved on 04/06/2020 by The Sandy Spring Bank reported 53 jobs and $570,782 was used to fund payroll.

Clipper city brewing co. is Existing or more than 2 years old

PPP Loan Search / MD / HALETHORPE / Clipper city brewing co.

CLIPPER CITY BREWING CO.

Date Approved

04/06/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

CLIPPER CITY BREWING CO.

Borrower Address

4615 Hollins ferry Road

Borrower City

HALETHORPE

Borrower State

MD

Borrower Zip

21227-4601

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

570782.00

Current Approval Amount

570782.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HALETHORPE

Project County Name

BALTIMORE

Project State

MD

Project Zip

21227-4601

CD

MD-07

Jobs Reported

53

NAICS Code

312120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

35413.00

Payroll Proceed

430116.00

Mortgage Interest Proceed

0.00

Rent Proceed

93403.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11850.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

578241.26

Forgiveness Date

08/12/2021

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