# PPP loan: CLARE INC
> **$181K** approved 02/06/2021 · Paid in Full · Loan `4716608400`
## Borrower
- **Name:** CLARE INC
- **Address:** 7747 Tuckerman Ln, Potomac, MD, 20854-3266
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $181K
- **Initial approval:** $181K
- **Forgiven:** $182K (101%)
- **Forgiveness date:** 10/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $181K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** The National Capital Bank of Washington
- **Servicing:** The National Capital Bank of Washington (DC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*