PPP Loan information for Modern barber salon

$3,900

Modern barber salon was initially approved for PPP Loan of amount $15,000, the current approved amount is $3,900. The loan was approved on 05/28/2020 by The Needham Bank reported 2 jobs and $3,900 was used to fund payroll.

Modern barber salon is Existing or more than 2 years old

MODERN BARBER SALON

Date Approved

05/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MODERN BARBER SALON

Borrower Address

93 Chapel St

Borrower City

Needham

Borrower State

MA

Borrower Zip

02492

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15000.00

Current Approval Amount

3900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89236

Servicing Lender Name

Needham Bank

Servicing Lender Address

1063 Great Plain Ave

Servicing Lender City

NEEDHAM

Servicing Lender State

MA

Servicing Lender Zip

02492-2302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Needham

Project County Name

NORFOLK

Project State

MA

Project Zip

02492-0001

CD

MA-04

Jobs Reported

2

NAICS Code

238220

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3900.00

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

Subchapter S Corporation

Originating Lender Location Id

89236

Originating Lender

Needham Bank

Originating Lender City

NEEDHAM

Originating Lender State

MA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2910.71

Forgiveness Date

10/16/2020

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