PPP Loan information for South coast laundry inc

$219,310

South coast laundry inc was initially approved for PPP Loan of amount $219,310, the current approved amount is $219,310. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 39 jobs and $219,310 was used to fund payroll.

South coast laundry inc is New Business or 2 years or less

PPP Loan Search / MA / NEW BEDFORD / South coast laundry inc

SOUTH COAST LAUNDRY INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SOUTH COAST LAUNDRY INC

Borrower Address

2112 ACUSHNET AVE

Borrower City

NEW BEDFORD

Borrower State

MA

Borrower Zip

02745-6368

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

219310.00

Current Approval Amount

219310.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

NEW BEDFORD

Project County Name

BRISTOL

Project State

MA

Project Zip

02745-6368

CD

MA-09

Jobs Reported

39

NAICS Code

812310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

219310.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

221256.75

Forgiveness Date

03/25/2021

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