Bay Clips, Inc.

$318,100 PPP Loan in Virginia Beach, Virginia

Loan Details

Loan Number
7656537201
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$318,100
Current Approval
$318,100
Forgiveness Amount
$319,992
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bay Clips, Inc.
Address
2208 Lateener Court
ZIP Code
23455-1698
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (812112)
Franchise
Great Clips
Business Age
Existing or more than 2 years old
Jobs Reported
62
Estimated Revenue
$11.8M
Rural/Urban
Urban
Congressional District
VA-02

Loan Use Breakdown

Payroll
$260,000
Rent
$38,100
Utilities
$20,000

Lender Information

Servicing Lender
First Bank
Originating Lender
First Bank

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