PPP Loan information for American laundry inc

$28,282

American laundry inc was initially approved for PPP Loan of amount $28,282, the current approved amount is $28,282. The loan was approved on 02/05/2021 by The Eastern Bank reported 4 jobs and $28,282 was used to fund payroll.

American laundry inc is Existing or more than 2 years old

AMERICAN LAUNDRY INC

Date Approved

02/05/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

AMERICAN LAUNDRY INC

Borrower Address

222 Arsenal St

Borrower City

Watertown

Borrower State

MA

Borrower Zip

02472-2989

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

28282.00

Current Approval Amount

28282.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Watertown

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02472-2989

CD

MA-05

Jobs Reported

4

NAICS Code

812310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

28278.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28490.97

Forgiveness Date

11/02/2021

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