Clipper City Brewing Co.

$570,782 PPP Loan in Halethorpe, Maryland

Loan Details

Loan Number
5699517000
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$570,782
Current Approval
$570,782
Forgiveness Amount
$578,241
Forgiveness Date
Aug 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Clipper City Brewing Co.
Address
4615 Hollins Ferry Road
ZIP Code
21227-4601
Business Type
Corporation
Industry (NAICS)
Manufacturing (312120)
Business Age
Existing or more than 2 years old
Jobs Reported
53
Estimated Revenue
$18.7M
Rural/Urban
Urban
Congressional District
MD-07

Loan Use Breakdown

Payroll
$430,116
Rent
$93,403
Utilities
$35,413
Health Care
$11,850

Lender Information

Servicing Lender
Sandy Spring Bank
Originating Lender
Sandy Spring Bank

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