PPP Loan information for Element 5 salon, llc

$182,402

Element 5 salon, llc was initially approved for PPP Loan of amount $182,402, the current approved amount is $182,402. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 22 jobs and $182,402 was used to fund payroll.

Element 5 salon, llc is New Business or 2 years or less

PPP Loan Search / NC / WAXHAW / Element 5 salon, llc

ELEMENT 5 SALON, LLC

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ELEMENT 5 SALON, LLC

Borrower Address

16615 LANCASTER HWY STE 105

Borrower City

WAXHAW

Borrower State

NC

Borrower Zip

28173

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

182402.00

Current Approval Amount

182402.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WAXHAW

Project County Name

UNION

Project State

NC

Project Zip

28173-0001

CD

NC-08

Jobs Reported

22

NAICS Code

812112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

182402.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

183601.36

Forgiveness Date

12/31/2020

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