Newport Clippers INC

$914,000 PPP Loan in Carver, Minnesota

Loan Details

Loan Number
8351017006
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$914,000
Current Approval
$914,000
Forgiveness Amount
$919,759
Forgiveness Date
Dec 4, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Newport Clippers INC
Address
327 Bluff Rd
City
Carver
ZIP Code
55315-9511
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (812112)
Franchise
Great Clips
Business Age
Existing or more than 2 years old
Jobs Reported
77
Estimated Revenue
$14.7M
Rural/Urban
Urban
Congressional District
MN-06

Loan Use Breakdown

Payroll
$914,000

Lender Information

Servicing Lender
Old National Bank
Originating Lender
Old National Bank

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