PPP Loan information for Consolidated laundry equipment inc.

$406,100

Consolidated laundry equipment inc. was initially approved for PPP Loan of amount $406,100, the current approved amount is $406,100. The loan was approved on 02/22/2021 by The Truist Bank reported 44 jobs and $406,100 was used to fund payroll.

Consolidated laundry equipment inc. is Existing or more than 2 years old

PPP Loan Search / NC / Raleigh / Consolidated laundry equipment inc.

CONSOLIDATED LAUNDRY EQUIPMENT INC.

Date Approved

02/22/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

CONSOLIDATED LAUNDRY EQUIPMENT INC.

Borrower Address

530 Maywood Ave

Borrower City

Raleigh

Borrower State

NC

Borrower Zip

27603-2338

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

406100.00

Current Approval Amount

406100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Raleigh

Project County Name

WAKE

Project State

NC

Project Zip

27603-2338

CD

NC-02

Jobs Reported

44

NAICS Code

423850

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

406100.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

408141.78

Forgiveness Date

09/21/2021

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