PPP Loan information for The beauty loft

$46,200

The beauty loft was initially approved for PPP Loan of amount $47,000, the current approved amount is $46,200. The loan was approved on 04/10/2020 by The Salem Five Cents Savings Bank reported 5 jobs and $46,200 was used to fund payroll.

The beauty loft is New Business or 2 years or less

THE BEAUTY LOFT

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THE BEAUTY LOFT

Borrower Address

410 HUMPHREY ST

Borrower City

SWAMPSCOTT

Borrower State

MA

Borrower Zip

01970-2544

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47000.00

Current Approval Amount

46200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SWAMPSCOTT

Project County Name

ESSEX

Project State

MA

Project Zip

01970-2544

CD

MA-06

Jobs Reported

5

NAICS Code

812112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

46200.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

46590.13

Forgiveness Date

02/19/2021

;