PPP Loan information for Salon professionals academy fargo inc

$216,170

Salon professionals academy fargo inc was initially approved for PPP Loan of amount $216,170, the current approved amount is $216,170. The loan was approved on 05/29/2021 by The Midwest Minnesota Community Development Corporation reported 50 jobs and $216,170 was used to fund payroll.

Salon professionals academy fargo inc is Existing or more than 2 years old

SALON PROFESSIONALS ACADEMY FARGO INC

Date Approved

05/29/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

SALON PROFESSIONALS ACADEMY FARGO INC

Borrower Address

4377 15th Ave S

Borrower City

Fargo

Borrower State

ND

Borrower Zip

58103-3337

Loan Status Date

07/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

216169.50

Current Approval Amount

216169.50

Undisbursed Amount

0.00

Franchise Name

The Salon Professional Academy

Servicing Lender Location Id

529653

Servicing Lender Name

Midwest Minnesota Community Development Corporation

Servicing Lender Address

119 Graystone Plaza, Suite 100

Servicing Lender City

Detroit Lakes

Servicing Lender State

MN

Servicing Lender Zip

56501

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fargo

Project County Name

CASS

Project State

ND

Project Zip

58103-3337

CD

ND-

Jobs Reported

50

NAICS Code

611511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

216166.50

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

529653

Originating Lender

Midwest Minnesota Community Development Corporation

Originating Lender City

Detroit Lakes

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

218385.24

Forgiveness Date

06/14/2022

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