Salon Blu, LLC

$111,635 PPP Loan in Mount Pleasant, Michigan

Loan Details

Loan Number
7704147001
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$111,635
Current Approval
$111,635
Forgiveness Amount
$112,455
Forgiveness Date
Jan 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Salon Blu, LLC
Address
121 S University Ave
ZIP Code
48858-2320
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (812113)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$89,308
Rent
$11,000
Utilities
$5,914
Mortgage Interest
$1,878
Debt Interest
$3,535

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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