Marlo Beauty Supply, Inc.

$306,250 PPP Loan in Ferndale, Michigan

Loan Details

Loan Number
3108077707
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$306,250
Current Approval
$306,250
Forgiveness Amount
$308,743
Forgiveness Date
Feb 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Marlo Beauty Supply, Inc.
Address
2660 Burdette
ZIP Code
48220
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423850)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$12.3M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$232,250
Rent
$67,000
Utilities
$7,000

Lender Information

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

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