# PPP loan: SALONS BY RACHEL
> **$193K** approved 03/24/2021 · Paid in Full · Loan `7597278604`
## Borrower
- **Name:** SALONS BY RACHEL
- **Address:** 3401 S 31st St Located Inside Walmart #746, Temple, TX, 76502
- **NAICS:** 812112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $193K
- **Initial approval:** $193K
- **Forgiven:** $196K (102%)
- **Forgiveness date:** 11/01/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $193K
- **Jobs reported:** 30
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*