PPP Loan information for Galaxy nails

$20,219

Galaxy nails was initially approved for PPP Loan of amount $20,219, the current approved amount is $20,219. The loan was approved on 05/05/2020 by The Farmers & Merchants Savings Bank reported 1 jobs and $20,219 was used to fund payroll.

Galaxy nails is New Business or 2 years or less

GALAXY NAILS

Date Approved

05/05/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

GALAXY NAILS

Borrower Address

9 highway 1 west

Borrower City

IOWA CITY

Borrower State

IA

Borrower Zip

52246-4243

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20219.00

Current Approval Amount

20219.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25202

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

2235 Mormon Trek Blvd

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52246-4436

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

IOWA CITY

Project County Name

JOHNSON

Project State

IA

Project Zip

52246-4243

CD

IA-01

Jobs Reported

1

NAICS Code

812113

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2426.00

Payroll Proceed

15165.00

Mortgage Interest Proceed

0.00

Rent Proceed

2628.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Professional Association

Originating Lender Location Id

25202

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

19304.59

Forgiveness Date

11/10/2020

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