PPP Loan information for Avanti salon and spa

$488,975

Avanti salon and spa was initially approved for PPP Loan of amount $488,975, the current approved amount is $488,975. The loan was approved on 04/29/2020 by The Cache Valley Bank reported 75 jobs and $488,975 was used to fund payroll.

Avanti salon and spa is Existing or more than 2 years old

AVANTI SALON AND SPA

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

AVANTI SALON AND SPA

Borrower Address

345 Route 9 South

Borrower City

Manalapan

Borrower State

NJ

Borrower Zip

07726-3239

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

488975.00

Current Approval Amount

488975.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Manalapan

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07726-3239

CD

NJ-03

Jobs Reported

75

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

467975.00

Mortgage Interest Proceed

0.00

Rent Proceed

21000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

495331.67

Forgiveness Date

08/19/2021

;