PPP Loan information for Simple escape salon inc.

$19,900

Simple escape salon inc. was initially approved for PPP Loan of amount $19,900, the current approved amount is $19,900. The loan was approved on 05/27/2020 by The Magnifi Financial CU reported 3 jobs and $19,900 was used to fund payroll.

Simple escape salon inc. is Existing or more than 2 years old

SIMPLE ESCAPE SALON INC.

Date Approved

05/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SIMPLE ESCAPE SALON INC.

Borrower Address

1091 2nd St. So. Ste 400

Borrower City

Sartell

Borrower State

MN

Borrower Zip

56377

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

19900.00

Current Approval Amount

19900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sartell

Project County Name

STEARNS

Project State

MN

Project Zip

56377-0001

CD

MN-06

Jobs Reported

3

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

19900.00

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

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20072.83

Forgiveness Date

04/16/2021

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