PPP Loan information for The clipper corporation

$252,000

The clipper corporation was initially approved for PPP Loan of amount $252,000, the current approved amount is $252,000. The loan was approved on 04/06/2020 by The Live Oak Banking Company reported 3 jobs and $252,000 was used to fund payroll.

The clipper corporation is Existing or more than 2 years old

PPP Loan Search / AL / Birmingham / The clipper corporation

THE CLIPPER CORPORATION

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

THE CLIPPER CORPORATION

Borrower Address

7 Pine Crest Rd

Borrower City

Birmingham

Borrower State

AL

Borrower Zip

35223

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

252000.00

Current Approval Amount

252000.00

Undisbursed Amount

0.00

Franchise Name

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

Birmingham

Project County Name

JEFFERSON

Project State

AL

Project Zip

35223-1000

CD

AL-07

Jobs Reported

3

NAICS Code

812112

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

252000.00

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

254761.64

Forgiveness Date

05/21/2021

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