PPP Loan information for Headway styling salon

$397,680

Headway styling salon was initially approved for PPP Loan of amount $397,680, the current approved amount is $397,680. The loan was approved on 03/18/2021 by The First Merchants Bank reported 63 jobs and $397,680 was used to fund payroll.

Headway styling salon is Existing or more than 2 years old

HEADWAY STYLING SALON

Date Approved

03/18/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

HEADWAY STYLING SALON

Borrower Address

19125 West Rd

Borrower City

Woodhaven

Borrower State

MI

Borrower Zip

48183-3315

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

397680.00

Current Approval Amount

397680.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Woodhaven

Project County Name

WAYNE

Project State

MI

Project Zip

48183-3315

CD

MI-06

Jobs Reported

63

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

397675.00

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

Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

402855.29

Forgiveness Date

07/13/2022

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