PPP Loan information for Tu moda hair salon inc

$254,800

Tu moda hair salon inc was initially approved for PPP Loan of amount $254,800, the current approved amount is $254,800. The loan was approved on 04/03/2020 by The Bay State Savings Bank reported 50 jobs and $254,800 was used to fund payroll.

Tu moda hair salon inc is Existing or more than 2 years old

TU MODA HAIR SALON INC

Date Approved

04/03/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

TU MODA HAIR SALON INC

Borrower Address

574 PLEASANT ST

Borrower City

WORCESTER

Borrower State

MA

Borrower Zip

01602-2700

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

254800.00

Current Approval Amount

254800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33497

Servicing Lender Name

Bay State Savings Bank

Servicing Lender Address

28-32 Franklin St

Servicing Lender City

Worcester

Servicing Lender State

MA

Servicing Lender Zip

01608

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WORCESTER

Project County Name

WORCESTER

Project State

MA

Project Zip

01602-2700

CD

MA-02

Jobs Reported

50

NAICS Code

812112

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

254800.00

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

33497

Originating Lender

Bay State Savings Bank

Originating Lender City

Worcester

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

256335.88

Forgiveness Date

11/17/2020

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