PPP Loan information for Profile salon

$56,600

Profile salon was initially approved for PPP Loan of amount $56,600, the current approved amount is $56,600. The loan was approved on 04/27/2020 by The Lake Michigan CU reported 4 jobs and $56,600 was used to fund payroll.

Profile salon is Existing or more than 2 years old

PROFILE SALON

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PROFILE SALON

Borrower Address

4643 Alpine Ave NW

Borrower City

Comstock Park

Borrower State

MI

Borrower Zip

49321

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56600.00

Current Approval Amount

56600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98993

Servicing Lender Name

Lake Michigan CU

Servicing Lender Address

5540 Glenwood Hills Pkwy SE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49512-2044

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Comstock Park

Project County Name

KENT

Project State

MI

Project Zip

49321-0001

CD

MI-03

Jobs Reported

4

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7075.00

Payroll Proceed

42450.00

Mortgage Interest Proceed

7075.00

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

98993

Originating Lender

Lake Michigan CU

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56994.63

Forgiveness Date

01/06/2021

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