Megan INC DBA the Grand Salon

$40,000 PPP Loan in Ada, Michigan

Loan Details

Loan Number
2206677709
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$40,000
Current Approval
$40,000
Forgiveness Amount
$40,431
Forgiveness Date
Jun 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Megan INC DBA the Grand Salon
Address
7195 Thornapple River Dr SE
City
Ada
ZIP Code
49301
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722410)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$32,000
Rent
$6,400
Utilities
$665
Health Care
$935

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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