PPP Loan information for Clapp's convalescent nursing home, inc.

$1,023,425

Clapp's convalescent nursing home, inc. was initially approved for PPP Loan of amount $1,023,425, the current approved amount is $1,023,425. The loan was approved on 04/27/2020 by The Triad Business Bank reported 150 jobs and $1,023,425 was used to fund payroll.

Clapp's convalescent nursing home, inc. is Existing or more than 2 years old

PPP Loan Search / NC / ASHEBORO / Clapp's convalescent nursing home, inc.

CLAPP'S CONVALESCENT NURSING HOME, INC.

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CLAPP'S CONVALESCENT NURSING HOME, INC.

Borrower Address

500 Mountain Top Drive

Borrower City

ASHEBORO

Borrower State

NC

Borrower Zip

27203-5039

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1023424.80

Current Approval Amount

1023424.80

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

528466

Servicing Lender Name

Triad Business Bank

Servicing Lender Address

1501 Highwoods Blvd, Ste 103

Servicing Lender City

GREENSBORO

Servicing Lender State

NC

Servicing Lender Zip

27410-2051

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ASHEBORO

Project County Name

RANDOLPH

Project State

NC

Project Zip

27203-5039

CD

NC-09

Jobs Reported

150

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1023424.80

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

528466

Originating Lender

Triad Business Bank

Originating Lender City

GREENSBORO

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1030190.78

Forgiveness Date

12/30/2020

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