# PPP loan: MARYLAND CLIPS INC
> **$568K** approved 04/04/2021 · Paid in Full · Loan `6570498704`
## Borrower
- **Name:** MARYLAND CLIPS INC
- **Address:** 11632 Norwich Ln, Ellicott City, MD, 21042-2037
- **NAICS:** 812112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $568K
- **Initial approval:** $568K
- **Forgiven:** $572K (101%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $568K
- **Utilities:** $1
- **Jobs reported:** 75
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*