# PPP loan: TONI & GUY HAIRDRESSING ACADEMY
> **$206K** approved 04/13/2020 · Paid in Full · Loan `4642467101`
## Borrower
- **Name:** TONI & GUY HAIRDRESSING ACADEMY
- **Address:** 4251 KELLWAY CIRCLE, ADDISON, TX, 75001-4233
- **NAICS:** 611511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $206K
- **Initial approval:** $206K
- **Forgiven:** $208K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $165K
- **Rent:** $21K
- **Utilities:** $21K
- **Jobs reported:** 30
## Lender
- **Originating:** Veritex Community Bank
- **Servicing:** Veritex Community Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*