PPP Loan information for New method laundry & cleaners llc

$34,137

New method laundry & cleaners llc was initially approved for PPP Loan of amount $34,137, the current approved amount is $34,137. The loan was approved on 02/07/2021 by The First Horizon Bank reported 8 jobs and $34,137 was used to fund payroll.

New method laundry & cleaners llc is Existing or more than 2 years old

NEW METHOD LAUNDRY & CLEANERS LLC

Date Approved

02/07/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

NEW METHOD LAUNDRY & CLEANERS LLC

Borrower Address

520 E Cleveland St

Borrower City

Spartanburg

Borrower State

SC

Borrower Zip

29303-3734

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

34137.00

Current Approval Amount

34137.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Spartanburg

Project County Name

SPARTANBURG

Project State

SC

Project Zip

29303-3734

CD

SC-04

Jobs Reported

8

NAICS Code

812320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

34133.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

34555.18

Forgiveness Date

05/03/2022

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