PPP Loan information for Automatic laundry services co., inc.

$867,884

Automatic laundry services co., inc. was initially approved for PPP Loan of amount $867,884, the current approved amount is $867,884. The loan was approved on 04/07/2020 by The Eastern Bank reported 55 jobs and $867,884 was used to fund payroll.

Automatic laundry services co., inc. is Existing or more than 2 years old

PPP Loan Search / MA / WEST NEWTON / Automatic laundry services co., inc.

AUTOMATIC LAUNDRY SERVICES CO., INC.

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

AUTOMATIC LAUNDRY SERVICES CO., INC.

Borrower Address

45 BORDER ST

Borrower City

WEST NEWTON

Borrower State

MA

Borrower Zip

02465-2005

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

867884.00

Current Approval Amount

867884.00

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

WEST NEWTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02465-2005

CD

MA-04

Jobs Reported

55

NAICS Code

812310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

867884.00

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

Subchapter S Corporation

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

876345.87

Forgiveness Date

04/02/2021

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