ACAPELLO SALONS INC (ME) - 2020 PPP Loan Borrower Profile (# 5354527008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACAPELLO SALONS INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Maine.

Loan Detail

Loan Number

5354527008

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$258,234.47

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$261,396.96

Date Loan was Forgiven

Jul 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

258,234.47

Lender

Norway Savings Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

812112

Borrower Location

SCARBOROUGH, ME

Project Location

SCARBOROUGH, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.