Clearone Advantage LLC

$7,222,937 PPP Loan in Baltimore, Maryland

Loan Details

Loan Number
8483487107
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$7,222,937
Current Approval
$7,222,937
Forgiveness Amount
$7,305,061
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Clearone Advantage LLC
Address
1501 South Clinton St
ZIP Code
21224
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Professional, Scientific, and Technical Services (541990)
Business Age
Existing or more than 2 years old
Jobs Reported
498
Estimated Revenue
$69.7M
Rural/Urban
Urban
Congressional District
MD-07

Loan Use Breakdown

Payroll
$6,000,000
Rent
$245,000
Utilities
$227,937
Debt Interest
$750,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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