PPP Loan information for The clipper corporation

$178,015

The clipper corporation was initially approved for PPP Loan of amount $178,015, the current approved amount is $178,015. The loan was approved on 04/01/2021 by The Live Oak Banking Company reported 158 jobs and $178,015 was used to fund payroll.

The clipper corporation is Existing or more than 2 years old

PPP Loan Search / AL / Mountain Brk / The clipper corporation

THE CLIPPER CORPORATION

Date Approved

04/01/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

THE CLIPPER CORPORATION

Borrower Address

7 Pine Crest Rd

Borrower City

Mountain Brk

Borrower State

AL

Borrower Zip

35223-1249

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

178015.00

Current Approval Amount

178015.00

Undisbursed Amount

0.00

Franchise Name

Cost Cutters

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mountain Brk

Project County Name

JEFFERSON

Project State

AL

Project Zip

35223-1249

CD

AL-06

Jobs Reported

158

NAICS Code

812112

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

178014.00

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

Subchapter S Corporation

Originating Lender Location Id

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

178517.34

Forgiveness Date

07/21/2021

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