# PPP loan: MICHAEL ALBOR SALONS, INC.
> **$165K** approved 01/25/2021 · Paid in Full · Loan `5526258308`
## Borrower
- **Name:** MICHAEL ALBOR SALONS, INC.
- **Address:** 253 Newbury St, Boston, MA, 02116-2435
- **NAICS:** 812112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $167K (101%)
- **Forgiveness date:** 12/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $165K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*