PPP Loan information for Sharpness inc.

$1,146,700

Sharpness inc. was initially approved for PPP Loan of amount $1,146,700, the current approved amount is $1,146,700. The loan was approved on 01/20/2021 by The Farmers & Merchants Savings Bank reported 169 jobs and $1,146,700 was used to fund payroll.

Sharpness inc. is Existing or more than 2 years old

SHARPNESS INC.

Date Approved

01/20/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

SHARPNESS INC.

Borrower Address

5005 Blairs Forest Ln NE Ste B

Borrower City

Cedar Rapids

Borrower State

IA

Borrower Zip

52402-8832

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1146700.00

Current Approval Amount

1146700.00

Undisbursed Amount

0.00

Franchise Name

Great Clips

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cedar Rapids

Project County Name

LINN

Project State

IA

Project Zip

52402-8832

CD

IA-02

Jobs Reported

169

NAICS Code

812111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1146695.00

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

Corporation

Originating Lender Location Id

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1151892.00

Forgiveness Date

07/08/2021

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