PPP Loan information for One source salon systems inc

$119,617

One source salon systems inc was initially approved for PPP Loan of amount $119,617, the current approved amount is $119,617. The loan was approved on 02/03/2021 by The Needham Bank reported 9 jobs and $119,617 was used to fund payroll.

One source salon systems inc is Existing or more than 2 years old

ONE SOURCE SALON SYSTEMS INC

Date Approved

02/03/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ONE SOURCE SALON SYSTEMS INC

Borrower Address

2 Haven St Unit 208

Borrower City

Reading

Borrower State

MA

Borrower Zip

01867-2961

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

119616.82

Current Approval Amount

119616.82

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

Reading

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01867-2961

CD

MA-06

Jobs Reported

9

NAICS Code

541513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

119613.82

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

119998.93

Forgiveness Date

06/15/2021

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