# PPP loan: NITU SALONS LLC
> **$1.23M** approved 04/30/2020 · Paid in Full · Loan `4943757305`
## Borrower
- **Name:** NITU SALONS LLC
- **Address:** 655 INDUSTRIAL BLVD, SUGAR LAND, TX, 77478-2819
- **NAICS:** 812112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.23M
- **Initial approval:** $1.23M
- **Forgiven:** $1.25M (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.23M
- **Jobs reported:** 252
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*