# PPP loan: NEW REFLECTIONS OF HAIR DESIGN, INC.
> **$650K** approved 04/06/2020 · Paid in Full · Loan `5696227001`
## Borrower
- **Name:** NEW REFLECTIONS OF HAIR DESIGN, INC.
- **Address:** 3530 Vicksburg Lane Ste 400, Minneapolis, MN, 55447-1335
- **NAICS:** 812112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $650K
- **Initial approval:** $650K
- **Forgiven:** $655K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $520K
- **Rent:** $130K
- **Jobs reported:** 89
## Lender
- **Originating:** MidCountry Bank
- **Servicing:** MidCountry Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*