PPP Loan information for Clay and land insurance, inc.

$1,216,500

Clay and land insurance, inc. was initially approved for PPP Loan of amount $1,216,500, the current approved amount is $1,216,500. The loan was approved on 04/10/2020 by The Paragon Bank reported 92 jobs and $1,216,500 was used to fund payroll.

Clay and land insurance, inc. is New Business or 2 years or less

CLAY AND LAND INSURANCE, INC.

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

CLAY AND LAND INSURANCE, INC.

Borrower Address

866 RIDGEWAY LOOP RD

Borrower City

MEMPHIS

Borrower State

TN

Borrower Zip

38120-4000

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1216500.00

Current Approval Amount

1216500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

433171

Servicing Lender Name

Paragon Bank

Servicing Lender Address

5400 Poplar Ave

Servicing Lender City

Memphis

Servicing Lender State

TN

Servicing Lender Zip

38119

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MEMPHIS

Project County Name

SHELBY

Project State

TN

Project Zip

38120-4000

CD

TN-08

Jobs Reported

92

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1216500.00

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

433171

Originating Lender

Paragon Bank

Originating Lender City

Memphis

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1228462.25

Forgiveness Date

04/08/2021

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