PPP Loan information for Salon development corp

$1,091,000

Salon development corp was initially approved for PPP Loan of amount $1,091,000, the current approved amount is $1,091,000. The loan was approved on 02/26/2021 by The ConnectOne Bank reported 225 jobs and $1,091,000 was used to fund payroll.

Salon development corp is Existing or more than 2 years old

SALON DEVELOPMENT CORP

Date Approved

02/26/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

SALON DEVELOPMENT CORP

Borrower Address

55 Eagle Rock Ave Unit 6

Borrower City

East Hanover

Borrower State

NJ

Borrower Zip

07936-3143

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1091000.00

Current Approval Amount

1091000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

432941

Servicing Lender Name

ConnectOne Bank

Servicing Lender Address

301 Sylvan Ave

Servicing Lender City

ENGLEWOOD CLIFFS

Servicing Lender State

NJ

Servicing Lender Zip

07632-2539

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

East Hanover

Project County Name

MORRIS

Project State

NJ

Project Zip

07936-3143

CD

NJ-11

Jobs Reported

225

NAICS Code

812112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1090997.00

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

432941

Originating Lender

ConnectOne Bank

Originating Lender City

ENGLEWOOD CLIFFS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1103546.50

Forgiveness Date

04/26/2022

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