PPP Loan information for Clearone advantage llc

$7,222,937

Clearone advantage llc was initially approved for PPP Loan of amount $7,222,937, the current approved amount is $7,222,937. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 498 jobs and $7,222,937 was used to fund payroll.

Clearone advantage llc is Existing or more than 2 years old

CLEARONE ADVANTAGE LLC

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

CLEARONE ADVANTAGE LLC

Borrower Address

1501 South Clinton St

Borrower City

BALTIMORE

Borrower State

MD

Borrower Zip

21224

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7222937.00

Current Approval Amount

7222937.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BALTIMORE

Project County Name

BALTIMORE CITY

Project State

MD

Project Zip

21224-0020

CD

MD-07

Jobs Reported

498

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

227937.00

Payroll Proceed

6000000.00

Mortgage Interest Proceed

0.00

Rent Proceed

245000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

750000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7305060.80

Forgiveness Date

06/11/2021

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