PPP Loan information for Evolution - the salon

$222,940

Evolution - the salon was initially approved for PPP Loan of amount $222,940, the current approved amount is $222,940. The loan was approved on 05/08/2020 by The Lakeland Bank reported 37 jobs and $222,940 was used to fund payroll.

Evolution - the salon is Existing or more than 2 years old

EVOLUTION - THE SALON

Date Approved

05/08/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

EVOLUTION - THE SALON

Borrower Address

439 BROAD ST

Borrower City

SHREWSBURY

Borrower State

NJ

Borrower Zip

07702-4001

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

222940.00

Current Approval Amount

222940.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHREWSBURY

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07702-4001

CD

NJ-04

Jobs Reported

37

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

212940.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

10000.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

225456.47

Forgiveness Date

07/02/2021

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