PPP Loan information for Domestic linen supply and laundry company and subsidiaries

$1,499,000

Domestic linen supply and laundry company and subsidiaries was initially approved for PPP Loan of amount $4,764,600, the current approved amount is $1,499,000. The loan was approved on 04/27/2020 by The Comerica Bank reported 488 jobs and $1,499,000 was used to fund payroll.

Domestic linen supply and laundry company and subsidiaries is Existing or more than 2 years old

DOMESTIC LINEN SUPPLY AND LAUNDRY COMPANY AND SUBSIDIARIES

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DOMESTIC LINEN SUPPLY AND LAUNDRY COMPANY AND SUBSIDIARIES

Borrower Address

3800 18th Street

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48208-2512

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4764600.00

Current Approval Amount

1499000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Detroit

Project County Name

WAYNE

Project State

MI

Project Zip

48208-2512

CD

MI-13

Jobs Reported

488

NAICS Code

812332

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1499000.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1519986.00

Forgiveness Date

09/27/2021

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