Penazz: a Hair & Day Spa

$56,800 PPP Loan in New Ulm, Minnesota

Loan Details

Loan Number
1956117209
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$56,800
Current Approval
$28,476
Forgiveness Amount
$28,665
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Penazz: a Hair & Day Spa
Address
101 North Minnesota
ZIP Code
56073
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Other Services (except Public Administration) (812112)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$22,476
Utilities
$3,000
Mortgage Interest
$3,000

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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