PPP Loan information for Clear rate communications inc

$860,155

Clear rate communications inc was initially approved for PPP Loan of amount $860,155, the current approved amount is $860,155. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 60 jobs and $860,155 was used to fund payroll.

Clear rate communications inc is New Business or 2 years or less

PPP Loan Search / MI / Troy / Clear rate communications inc

CLEAR RATE COMMUNICATIONS INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CLEAR RATE COMMUNICATIONS INC

Borrower Address

2600 W Big Beaver Rd Ste 450

Borrower City

Troy

Borrower State

MI

Borrower Zip

48084

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

860155.00

Current Approval Amount

860155.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Troy

Project County Name

OAKLAND

Project State

MI

Project Zip

48084-0001

CD

MI-11

Jobs Reported

60

NAICS Code

517911

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

860155.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

865598.72

Forgiveness Date

12/23/2020

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