PPP Loan information for New trend hair salon

$392,740

New trend hair salon was initially approved for PPP Loan of amount $392,740, the current approved amount is $392,740. The loan was approved on 04/13/2020 by The Manufacturers and Traders Trust Company reported 53 jobs and $392,740 was used to fund payroll.

New trend hair salon is Existing or more than 2 years old

NEW TREND HAIR SALON

Date Approved

04/13/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

NEW TREND HAIR SALON

Borrower Address

4559 Kirkwood Highway

Borrower City

WILMINGTON

Borrower State

DE

Borrower Zip

19808-5117

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

392740.00

Current Approval Amount

392740.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILMINGTON

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19808-5117

CD

DE-

Jobs Reported

53

NAICS Code

812112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4192.00

Payroll Proceed

368278.00

Mortgage Interest Proceed

0.00

Rent Proceed

16270.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

395677.48

Forgiveness Date

01/20/2021

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