PPP Loan information for Old fashioned barber

$131,700

Old fashioned barber was initially approved for PPP Loan of amount $124,400, the current approved amount is $131,700. The loan was approved on 04/14/2020 by The Community Resource Bank reported 26 jobs and $131,700 was used to fund payroll.

Old fashioned barber is Existing or more than 2 years old

OLD FASHIONED BARBER

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OLD FASHIONED BARBER

Borrower Address

2008 MICHIGAN DR

Borrower City

NORTHFIELD

Borrower State

MN

Borrower Zip

55057-4844

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124400.00

Current Approval Amount

131700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38698

Servicing Lender Name

Community Resource Bank

Servicing Lender Address

1605 Heritage Dr

Servicing Lender City

NORTHFIELD

Servicing Lender State

MN

Servicing Lender Zip

55057-3265

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTHFIELD

Project County Name

RICE

Project State

MN

Project Zip

55057-4844

CD

MN-02

Jobs Reported

26

NAICS Code

812111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

131700.00

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

Sole Proprietorship

Originating Lender Location Id

38698

Originating Lender

Community Resource Bank

Originating Lender City

NORTHFIELD

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

133412.10

Forgiveness Date

07/28/2021

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