PPP Loan information for Olde western laundry co.

$21,000

Olde western laundry co. was initially approved for PPP Loan of amount $21,000, the current approved amount is $21,000. The loan was approved on 04/27/2020 by The CIBC Bank USA reported 5 jobs and $21,000 was used to fund payroll.

Olde western laundry co. is Existing or more than 2 years old

OLDE WESTERN LAUNDRY CO.

Date Approved

04/27/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

OLDE WESTERN LAUNDRY CO.

Borrower Address

13344-56 S Western Avenue

Borrower City

BLUE ISLAND

Borrower State

IL

Borrower Zip

60406

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

21000.00

Current Approval Amount

21000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BLUE ISLAND

Project County Name

COOK

Project State

IL

Project Zip

60406-0001

CD

IL-01

Jobs Reported

5

NAICS Code

423850

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

21000.00

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

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

21205.40

Forgiveness Date

04/23/2021

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