PPP Loan information for Shear madness salon & spa inc

$406,200

Shear madness salon & spa inc was initially approved for PPP Loan of amount $406,200, the current approved amount is $406,200. The loan was approved on 02/20/2021 by The Needham Bank reported 33 jobs and $406,200 was used to fund payroll.

Shear madness salon & spa inc is Existing or more than 2 years old

SHEAR MADNESS SALON & SPA INC

Date Approved

02/20/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SHEAR MADNESS SALON & SPA INC

Borrower Address

154 E Central St

Borrower City

Natick

Borrower State

MA

Borrower Zip

01760-3644

Loan Status Date

10/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

406200.00

Current Approval Amount

406200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89236

Servicing Lender Name

Needham Bank

Servicing Lender Address

1063 Great Plain Ave

Servicing Lender City

NEEDHAM

Servicing Lender State

MA

Servicing Lender Zip

02492-2302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Natick

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01760-3644

CD

MA-05

Jobs Reported

33

NAICS Code

812112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

406197.00

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

89236

Originating Lender

Needham Bank

Originating Lender City

NEEDHAM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

408298.70

Forgiveness Date

09/08/2021

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