PPP Loan information for Avalon salon company

$32,002

Avalon salon company was initially approved for PPP Loan of amount $32,002, the current approved amount is $32,002. The loan was approved on 01/23/2021 by The Cross River Bank reported 7 jobs and $32,002 was used to fund payroll.

Avalon salon company is Existing or more than 2 years old

AVALON SALON COMPANY

Date Approved

01/23/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AVALON SALON COMPANY

Borrower Address

706 Main St NW

Borrower City

Elk River

Borrower State

MN

Borrower Zip

55330-1505

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

32002.00

Current Approval Amount

32002.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elk River

Project County Name

SHERBURNE

Project State

MN

Project Zip

55330-1505

CD

MN-06

Jobs Reported

7

NAICS Code

812990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

31999.00

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

Subchapter S Corporation

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32137.90

Forgiveness Date

07/02/2021

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