BAMA CLIPS, INC. (AL) - 2020 PPP Loan Borrower Profile (# 6108707100)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BAMA CLIPS, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Alabama.

Loan Detail

Loan Number

6108707100

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$603,277

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$613,309.58

Date Loan was Forgiven

Dec 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

603,277

Lender

Redstone FCU

Business Detail

Business Type

Corporation

NAICS

812112

Borrower Location

OWENS CROSS ROADS, AL

Project Location

OWENS CROSS ROADS, AL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.