PPP Loan information for Modern hairstyling institute inc

$431,700

Modern hairstyling institute inc was initially approved for PPP Loan of amount $431,700, the current approved amount is $431,700. The loan was approved on 04/28/2020 by The Oriental Bank reported 65 jobs and $431,700 was used to fund payroll.

Modern hairstyling institute inc is Existing or more than 2 years old

MODERN HAIRSTYLING INSTITUTE INC

Date Approved

04/28/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

MODERN HAIRSTYLING INSTITUTE INC

Borrower Address

Esq calle Degetau & calle Betances

Borrower City

Bayamon

Borrower State

PR

Borrower Zip

00961

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

431700.00

Current Approval Amount

431700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119281

Servicing Lender Name

Oriental Bank

Servicing Lender Address

254 Ave Mu<td,n>oz Rivera, Esq. Ave Chardon Hato Rey

Servicing Lender City

SAN JUAN

Servicing Lender State

PR

Servicing Lender Zip

00918-1900

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bayamon

Project County Name

BAYAMON

Project State

PR

Project Zip

00961-2900

CD

PR-

Jobs Reported

65

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

431700.00

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

119281

Originating Lender

Oriental Bank

Originating Lender City

SAN JUAN

Originating Lender State

PR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

437635.87

Forgiveness Date

09/08/2021

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