Great Clips, Inc.

$4,525,087 PPP Loan in Bloomington, Minnesota

Loan Details

Loan Number
9273387010
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$4,525,087
Current Approval
$4,525,087
Forgiveness Amount
$4,580,150
Forgiveness Date
Jul 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Great Clips, Inc.
Address
4400 West 78th Street, Suite 700 0.0
ZIP Code
55435-5023
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541990)
Franchise
Great Clips
Business Age
Existing or more than 2 years old
Jobs Reported
301
Estimated Revenue
$42.1M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$3,393,376
Rent
$500,000
Utilities
$100,000
Health Care
$302,000
Debt Interest
$229,711

Lender Information

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

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