PPP Loan information for Penazz: a hair & day spa

$28,476

Penazz: a hair & day spa was initially approved for PPP Loan of amount $56,800, the current approved amount is $28,476. The loan was approved on 04/15/2020 by The Frandsen Bank & Trust reported 10 jobs and $28,476 was used to fund payroll.

Penazz: a hair & day spa is Existing or more than 2 years old

PENAZZ: A HAIR & DAY SPA

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PENAZZ: A HAIR & DAY SPA

Borrower Address

101 North Minnesota

Borrower City

NEW ULM

Borrower State

MN

Borrower Zip

56073

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56800.00

Current Approval Amount

28476.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW ULM

Project County Name

BROWN

Project State

MN

Project Zip

56073-0001

CD

MN-01

Jobs Reported

10

NAICS Code

812112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3000.00

Payroll Proceed

22476.00

Mortgage Interest Proceed

3000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

18584.33

Forgiveness Date

11/25/2020

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