PPP Loan information for Shear learning academy of cosmetology inc.

$27,000

Shear learning academy of cosmetology inc. was initially approved for PPP Loan of amount $27,000, the current approved amount is $27,000. The loan was approved on 04/14/2020 by The Land of Lincoln CU reported 5 jobs and $27,000 was used to fund payroll.

Shear learning academy of cosmetology inc. is Existing or more than 2 years old

PPP Loan Search / IL / DECATUR / Shear learning academy of cosmetology inc.

SHEAR LEARNING ACADEMY OF COSMETOLOGY INC.

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SHEAR LEARNING ACADEMY OF COSMETOLOGY INC.

Borrower Address

241 N MAIN ST

Borrower City

DECATUR

Borrower State

IL

Borrower Zip

62523-1208

Loan Status Date

04/01/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27000.00

Current Approval Amount

27000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

95581

Servicing Lender Name

Land of Lincoln CU

Servicing Lender Address

4850 E Prosperity Place

Servicing Lender City

DECATUR

Servicing Lender State

IL

Servicing Lender Zip

62521-5102

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DECATUR

Project County Name

MACON

Project State

IL

Project Zip

62523-1208

CD

IL-13

Jobs Reported

5

NAICS Code

611511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

22000.00

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

95581

Originating Lender

Land of Lincoln CU

Originating Lender City

DECATUR

Originating Lender State

IL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27206.38

Forgiveness Date

01/27/2021

;