PPP Loan information for New reflections of hair design, inc.

$650,000

New reflections of hair design, inc. was initially approved for PPP Loan of amount $650,000, the current approved amount is $650,000. The loan was approved on 01/16/2021 by The Lake Community Bank reported 89 jobs and $650,000 was used to fund payroll.

New reflections of hair design, inc. is Existing or more than 2 years old

NEW REFLECTIONS OF HAIR DESIGN, INC.

Date Approved

01/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

NEW REFLECTIONS OF HAIR DESIGN, INC.

Borrower Address

3530 Vicksburg Ln N

Borrower City

Plymouth

Borrower State

MN

Borrower Zip

55447-1335

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

650000.00

Current Approval Amount

650000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38325

Servicing Lender Name

Lake Community Bank

Servicing Lender Address

1964 W Wayzata Blvd

Servicing Lender City

LONG LAKE

Servicing Lender State

MN

Servicing Lender Zip

55356-9494

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Plymouth

Project County Name

HENNEPIN

Project State

MN

Project Zip

55447-1335

CD

MN-03

Jobs Reported

89

NAICS Code

812112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

649996.00

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

38325

Originating Lender

Lake Community Bank

Originating Lender City

LONG LAKE

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

652527.78

Forgiveness Date

06/15/2021

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