PPP Loan information for True salon and spa

$105,972

True salon and spa was initially approved for PPP Loan of amount $105,972, the current approved amount is $105,972. The loan was approved on 01/27/2021 by The Sandy Spring Bank reported 21 jobs and $105,972 was used to fund payroll.

True salon and spa is Existing or more than 2 years old

TRUE SALON AND SPA

Date Approved

01/27/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

TRUE SALON AND SPA

Borrower Address

26 Magothy Beach Rd

Borrower City

Pasadena

Borrower State

MD

Borrower Zip

21122-4428

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

105972.00

Current Approval Amount

105972.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pasadena

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21122-4428

CD

MD-03

Jobs Reported

21

NAICS Code

812112

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

105970.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

106526.54

Forgiveness Date

08/16/2021

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