PPP Loan information for Sanark prop inc dba supercuts

$1,833,900

Sanark prop inc dba supercuts was initially approved for PPP Loan of amount $1,833,900, the current approved amount is $1,833,900. The loan was approved on 04/08/2020 by The The Lowell Five Cent Savings Bank reported 287 jobs and $1,833,900 was used to fund payroll.

Sanark prop inc dba supercuts is Existing or more than 2 years old

SANARK PROP INC DBA SUPERCUTS

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SANARK PROP INC DBA SUPERCUTS

Borrower Address

37 Walker Rd

Borrower City

NORTH ANDOVER

Borrower State

MA

Borrower Zip

01845-1910

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1833900.00

Current Approval Amount

1833900.00

Undisbursed Amount

0.00

Franchise Name

Supercuts

Servicing Lender Location Id

32962

Servicing Lender Name

The Lowell Five Cent Savings Bank

Servicing Lender Address

34 John St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-1107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH ANDOVER

Project County Name

ESSEX

Project State

MA

Project Zip

01845-1910

CD

MA-06

Jobs Reported

287

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

57847.00

Payroll Proceed

1536159.00

Mortgage Interest Proceed

0.00

Rent Proceed

152611.00

Refinance EIDL Proceed

0.00

Health Care Proceed

87283.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

32962

Originating Lender

The Lowell Five Cent Savings Bank

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1846511.20

Forgiveness Date

12/23/2020

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