PPP Loan information for Mod salon inc.

$55,000

Mod salon inc. was initially approved for PPP Loan of amount $55,000, the current approved amount is $55,000. The loan was approved on 05/15/2020 by The BankIowa reported 10 jobs and $55,000 was used to fund payroll.

Mod salon inc. is Existing or more than 2 years old

MOD SALON INC.

Date Approved

05/15/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MOD SALON INC.

Borrower Address

4507 ALGONQUIN DR. STE. B

Borrower City

CEDAR FALLS

Borrower State

IA

Borrower Zip

50613

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55000.00

Current Approval Amount

55000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25325

Servicing Lender Name

BankIowa

Servicing Lender Address

7045 C Ave NE

Servicing Lender City

CEDAR RAPIDS

Servicing Lender State

IA

Servicing Lender Zip

52402-1378

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDAR FALLS

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50613-0008

CD

IA-02

Jobs Reported

10

NAICS Code

812112

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55000.00

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

25325

Originating Lender

BankIowa

Originating Lender City

CEDAR RAPIDS

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

55288.75

Forgiveness Date

11/30/2020

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