PPP Loan information for Fairhope laundry & cleaners inc

$175,000

Fairhope laundry & cleaners inc was initially approved for PPP Loan of amount $175,000, the current approved amount is $175,000. The loan was approved on 02/05/2021 by The Citizens Bank, Inc. reported 23 jobs and $175,000 was used to fund payroll.

Fairhope laundry & cleaners inc is Existing or more than 2 years old

FAIRHOPE LAUNDRY & CLEANERS INC

Date Approved

02/05/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

FAIRHOPE LAUNDRY & CLEANERS INC

Borrower Address

23350 Grissom Dr

Borrower City

Robertsdale

Borrower State

AL

Borrower Zip

36567-3180

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

175000.00

Current Approval Amount

175000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3223

Servicing Lender Name

Citizens Bank, Inc.

Servicing Lender Address

21980 Palmer St

Servicing Lender City

ROBERTSDALE

Servicing Lender State

AL

Servicing Lender Zip

36567

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Robertsdale

Project County Name

BALDWIN

Project State

AL

Project Zip

36567-3180

CD

AL-01

Jobs Reported

23

NAICS Code

812320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

175000.00

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

3223

Originating Lender

Citizens Bank, Inc.

Originating Lender City

ROBERTSDALE

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

176409.59

Forgiveness Date

12/01/2021

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