PPP Loan information for Economy linen & towel service inc

$2,965,700

Economy linen & towel service inc was initially approved for PPP Loan of amount $2,965,700, the current approved amount is $2,965,700. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 281 jobs and $2,965,700 was used to fund payroll.

Economy linen & towel service inc is Existing or more than 2 years old

PPP Loan Search / OH / DAYTON / Economy linen & towel service inc

ECONOMY LINEN & TOWEL SERVICE INC

Date Approved

04/14/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

ECONOMY LINEN & TOWEL SERVICE INC

Borrower Address

80 MEAD ST

Borrower City

DAYTON

Borrower State

OH

Borrower Zip

45402-2303

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2965700.00

Current Approval Amount

2965700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DAYTON

Project County Name

MONTGOMERY

Project State

OH

Project Zip

45402-2303

CD

OH-10

Jobs Reported

281

NAICS Code

812331

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2965700.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3014551.67

Forgiveness Date

11/30/2021

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