PPP Loan information for Lotus salon professionals, inc.

$5,105

Lotus salon professionals, inc. was initially approved for PPP Loan of amount $5,105, the current approved amount is $5,105. The loan was approved on 05/07/2020 by The Farmers & Merchants Savings Bank reported 1 jobs and $5,105 was used to fund payroll.

Lotus salon professionals, inc. is Existing or more than 2 years old

PPP Loan Search / IA / CORALVILLE / Lotus salon professionals, inc.

LOTUS SALON PROFESSIONALS, INC.

Date Approved

05/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

LOTUS SALON PROFESSIONALS, INC.

Borrower Address

2140 NORCOR AVE

Borrower City

CORALVILLE

Borrower State

IA

Borrower Zip

52241-9736

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5105.00

Current Approval Amount

5105.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25202

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

2235 Mormon Trek Blvd

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52246-4436

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CORALVILLE

Project County Name

JOHNSON

Project State

IA

Project Zip

52241-9736

CD

IA-01

Jobs Reported

1

NAICS Code

812112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

663.00

Payroll Proceed

3830.00

Mortgage Interest Proceed

0.00

Rent Proceed

612.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25202

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

4122.66

Forgiveness Date

10/16/2020

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