# PPP loan: FRANCESCO AND GIOVANNI SALON AND SPA INC
> **$198K** approved 02/22/2021 · Paid in Full · Loan `2862848510`
## Borrower
- **Name:** FRANCESCO AND GIOVANNI SALON AND SPA INC
- **Address:** 72 S Trooper Rd, Norristown, PA, 19403-3060
- **NAICS:** 812112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $198K
- **Utilities:** $1
- **Jobs reported:** 31
## Lender
- **Originating:** The Victory Bank
- **Servicing:** The Victory Bank (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*