PPP Loan information for New image hair salon, inc.

$18,780

New image hair salon, inc. was initially approved for PPP Loan of amount $18,780, the current approved amount is $18,780. The loan was approved on 04/10/2020 by The Mercantile Bank reported 7 jobs and $18,780 was used to fund payroll.

New image hair salon, inc. is Existing or more than 2 years old

NEW IMAGE HAIR SALON, INC.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NEW IMAGE HAIR SALON, INC.

Borrower Address

309 N MITCHELL ST

Borrower City

CADILLAC

Borrower State

MI

Borrower Zip

49601-1836

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18780.00

Current Approval Amount

18780.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CADILLAC

Project County Name

WEXFORD

Project State

MI

Project Zip

49601-1836

CD

MI-04

Jobs Reported

7

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1240.00

Payroll Proceed

16660.00

Mortgage Interest Proceed

880.00

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

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

18916.35

Forgiveness Date

01/06/2021

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