PPP Loan information for Metro laundry inc

$6,600

Metro laundry inc was initially approved for PPP Loan of amount $6,600, the current approved amount is $6,600. The loan was approved on 03/26/2021 by The CorTrust Bank National Association reported 2 jobs and $6,600 was used to fund payroll.

Metro laundry inc is Existing or more than 2 years old

METRO LAUNDRY INC

Date Approved

03/26/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

METRO LAUNDRY INC

Borrower Address

33277 S Shoal Lake Rd

Borrower City

Grand Rapids

Borrower State

MN

Borrower Zip

55744-4654

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

6600.00

Current Approval Amount

6600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66414

Servicing Lender Name

CorTrust Bank National Association

Servicing Lender Address

100 E Havens Ave

Servicing Lender City

MITCHELL

Servicing Lender State

SD

Servicing Lender Zip

57301-4026

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

ITASCA

Project State

MN

Project Zip

55744-4654

CD

MN-08

Jobs Reported

2

NAICS Code

812310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

6598.00

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

Subchapter S Corporation

Originating Lender Location Id

66414

Originating Lender

CorTrust Bank National Association

Originating Lender City

MITCHELL

Originating Lender State

SD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

6627.85

Forgiveness Date

09/07/2021

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