PPP Loan information for Laundry palace

$31,800

Laundry palace was initially approved for PPP Loan of amount $32,900, the current approved amount is $31,800. The loan was approved on 04/16/2020 by The Fall River Five Cents Savings Bank d/b/a BankFive reported 15 jobs and $31,800 was used to fund payroll.

Laundry palace is Existing or more than 2 years old

PPP Loan Search / MA / FALL RIVER / Laundry palace

LAUNDRY PALACE

Date Approved

04/16/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LAUNDRY PALACE

Borrower Address

1706 President Avenue

Borrower City

FALL RIVER

Borrower State

MA

Borrower Zip

02720-7115

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32900.00

Current Approval Amount

31800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32792

Servicing Lender Name

Fall River Five Cents Savings Bank d/b/a BankFive

Servicing Lender Address

79 N Main St

Servicing Lender City

FALL RIVER

Servicing Lender State

MA

Servicing Lender Zip

02720-2123

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FALL RIVER

Project County Name

BRISTOL

Project State

MA

Project Zip

02720-7115

CD

MA-04

Jobs Reported

15

NAICS Code

812310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

31800.00

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

Sole Proprietorship

Originating Lender Location Id

32792

Originating Lender

Fall River Five Cents Savings Bank d/b/a BankFive

Originating Lender City

FALL RIVER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32167.66

Forgiveness Date

06/24/2021

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