Clapp's Convalescent Nursing Home, Inc.

$1,023,425 PPP Loan in Asheboro, North Carolina

Loan Details

Loan Number
5135177206
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$1,023,425
Current Approval
$1,023,425
Forgiveness Amount
$1,030,191
Forgiveness Date
Dec 30, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Clapp's Convalescent Nursing Home, Inc.
Address
500 Mountain Top Drive
ZIP Code
27203-5039
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (623110)
Business Age
Existing or more than 2 years old
Jobs Reported
150
Estimated Revenue
$25.5M
Rural/Urban
Rural
Congressional District
NC-09

Loan Use Breakdown

Payroll
$1,023,425

Lender Information

Servicing Lender
Triad Business Bank
Originating Lender
Triad Business Bank

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