PPP Loan information for Salon development corporation

$1,061,300

Salon development corporation was initially approved for PPP Loan of amount $1,061,300, the current approved amount is $1,061,300. The loan was approved on 04/14/2020 by The ConnectOne Bank reported 225 jobs and $1,061,300 was used to fund payroll.

Salon development corporation is Existing or more than 2 years old

SALON DEVELOPMENT CORPORATION

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SALON DEVELOPMENT CORPORATION

Borrower Address

55 Eagle Rock Ave Unit 6

Borrower City

EAST HANOVER

Borrower State

NJ

Borrower Zip

07936

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1061300.00

Current Approval Amount

1061300.00

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

07936-0001

CD

NJ-11

Jobs Reported

225

NAICS Code

812112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1061300.00

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

1072443.65

Forgiveness Date

05/13/2021

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