# PPP loan: TOWN HAIR SALON INC
> **$264K** approved 05/18/2020 · Paid in Full · Loan `8586227407`
## Borrower
- **Name:** TOWN HAIR SALON INC
- **Address:** 106 PEOPLES PLZ, NEWARK, DE, 19702
- **NAICS:** 812112
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $264K
- **Initial approval:** $264K
- **Forgiven:** $267K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $264K
- **Jobs reported:** 45
## Lender
- **Originating:** PNC Bank, National Association
- **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*