PPP Loan information for Shear madness salon and spa, inc

$406,200

Shear madness salon and spa, inc was initially approved for PPP Loan of amount $491,200, the current approved amount is $406,200. The loan was approved on 04/07/2020 by The Needham Bank reported 35 jobs and $406,200 was used to fund payroll.

Shear madness salon and spa, inc is Existing or more than 2 years old

PPP Loan Search / MA / NATICK / Shear madness salon and spa, inc

SHEAR MADNESS SALON AND SPA, INC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SHEAR MADNESS SALON AND SPA, INC

Borrower Address

154 E CENTRAL ST

Borrower City

NATICK

Borrower State

MA

Borrower Zip

01760-3629

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

491200.00

Current Approval Amount

406200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89236

Servicing Lender Name

Needham Bank

Servicing Lender Address

1063 Great Plain Ave

Servicing Lender City

NEEDHAM

Servicing Lender State

MA

Servicing Lender Zip

02492-2302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NATICK

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01760-3629

CD

MA-05

Jobs Reported

35

NAICS Code

812112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

406200.00

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

89236

Originating Lender

Needham Bank

Originating Lender City

NEEDHAM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

409133.67

Forgiveness Date

01/26/2021

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