Forbici Salon & Spa, Ltd.

$280,197 PPP Loan in Arlington Heights, Illinois

Loan Details

Loan Number
7086067003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$280,197
Current Approval
$265,000
Forgiveness Amount
$268,379
Forgiveness Date
Jul 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Forbici Salon & Spa, Ltd.
Address
7 South Highland
ZIP Code
60005
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (812112)
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
$8.0M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$198,750
Utilities
$33,125
Mortgage Interest
$33,125

Lender Information

Servicing Lender
Northbrook Bank & Trust Company, National Association
Originating Lender
Northbrook Bank & Trust Company, National Association

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