# PPP loan: RICHARD FRANCIS SALON, INC.
> **$158K** approved 05/05/2020 · Paid in Full · Loan `2054497409`
## Borrower
- **Name:** RICHARD FRANCIS SALON, INC.
- **Address:** 23 WEST UNION ST, ASHLAND, MA, 01721-1408
- **NAICS:** 812113
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $158K
- **Initial approval:** $158K
- **Forgiven:** $159K (101%)
- **Forgiveness date:** 05/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $120K
- **Mortgage interest:** $37K
- **Utilities:** $850
- **Jobs reported:** 18
## Lender
- **Originating:** Middlesex Savings Bank
- **Servicing:** Middlesex Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*