PPP Loan information for Modern salon and spa inc.

$696,600

Modern salon and spa inc. was initially approved for PPP Loan of amount $696,600, the current approved amount is $696,600. The loan was approved on 01/20/2021 by The Dogwood State Bank reported 82 jobs and $696,600 was used to fund payroll.

Modern salon and spa inc. is Existing or more than 2 years old

MODERN SALON AND SPA INC.

Date Approved

01/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MODERN SALON AND SPA INC.

Borrower Address

201 W Morehead St Ste 400

Borrower City

Charlotte

Borrower State

NC

Borrower Zip

28202-1508

Loan Status Date

03/30/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

696600.00

Current Approval Amount

696600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

233057

Servicing Lender Name

Dogwood State Bank

Servicing Lender Address

5401 Six Forks Rd

Servicing Lender City

RALEIGH

Servicing Lender State

NC

Servicing Lender Zip

27609-4462

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Charlotte

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28202-1508

CD

NC-14

Jobs Reported

82

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

696598.00

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

233057

Originating Lender

Dogwood State Bank

Originating Lender City

RALEIGH

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

705713.85

Forgiveness Date

05/16/2022

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