6 TEAM LLC DBA 6 SALON (MI) - 2020 PPP Loan Borrower Profile (# 1701477700)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 6 TEAM LLC DBA 6 SALON. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Michigan.

Loan Detail

Loan Number

1701477700

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$110,215

Date Loan was Approved

May 1, 2020

Amount Forgiven

$111,214.1

Date Loan was Forgiven

Mar 31, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,654

Payroll Proced

82,661

Rent Proceed

22,200

Debt Interest Proceed

1,700

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

812112

Borrower Location

ROYAL OAK, MI

Project Location

ROYAL OAK, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

200

Business Age Description

Existing or more than 2 years old

Data Source: SBA.