PPP Loan information for Institutional laundry services inc

$106,214

Institutional laundry services inc was initially approved for PPP Loan of amount $106,214, the current approved amount is $106,214. The loan was approved on 03/20/2021 by The Cross River Bank reported 16 jobs and $106,214 was used to fund payroll.

Institutional laundry services inc is Existing or more than 2 years old

PPP Loan Search / NJ / Lakewood / Institutional laundry services inc

INSTITUTIONAL LAUNDRY SERVICES INC

Date Approved

03/20/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

INSTITUTIONAL LAUNDRY SERVICES INC

Borrower Address

322 5th Street322 5th Street

Borrower City

Lakewood

Borrower State

NJ

Borrower Zip

08701

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

106214.00

Current Approval Amount

106214.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lakewood

Project County Name

OCEAN

Project State

NJ

Project Zip

08701

CD

NJ-03

Jobs Reported

16

NAICS Code

812320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

106212.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

106961.86

Forgiveness Date

12/07/2021

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