Date Approved
03/13/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
MERITE HOUSE OF BEAUTY INC.
Borrower Address
5757 Sanibel Dr Ste 1
Borrower City
Minnetonka
Borrower State
MN
Borrower Zip
55343-4110
Loan Status Date
02/05/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
180275.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38024
Servicing Lender Name
Fidelity Bank
Servicing Lender Address
7600 Parklawn Ave
Servicing Lender City
EDINA
Servicing Lender State
Servicing Lender Zip
55435-5125
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HENNEPIN
Project State
Project Zip
CD
MN-03
Jobs Reported
36
NAICS Code
812112
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
180273.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non Profit
Forgiveness Amount
181867.43
Forgiveness Date
01/28/2022