# PPP loan: CLARY HOOD & ASSOCIATES, INC.
> **$2.29M** approved 04/13/2020 · Paid in Full · Loan `5505237100`
## Borrower
- **Name:** CLARY HOOD & ASSOCIATES, INC.
- **Address:** 150 CONWAY BLACK RD, SPARTANBURG, SC, 29307-5403
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $2.29M
- **Initial approval:** $2.29M
- **Forgiven:** $1.92M (84%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.29M
- **Jobs reported:** 165
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*