PPP Loan information for Forest laundromat inc.

$16,417

Forest laundromat inc. was initially approved for PPP Loan of amount $16,417, the current approved amount is $16,417. The loan was approved on 01/26/2021 by The Bank of America, National Association reported 4 jobs and $16,417 was used to fund payroll.

Forest laundromat inc. is Existing or more than 2 years old

FOREST LAUNDROMAT INC.

Date Approved

01/26/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

FOREST LAUNDROMAT INC.

Borrower Address

10009 Bentcross Dr

Borrower City

Potomac

Borrower State

MD

Borrower Zip

20854-4739

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

16417.00

Current Approval Amount

16417.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Potomac

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20854-4739

CD

MD-08

Jobs Reported

4

NAICS Code

812310

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

16414.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

16551.93

Forgiveness Date

11/26/2021

;