PPP Loan information for Southeastern laundry equipment

$871,900

Southeastern laundry equipment was initially approved for PPP Loan of amount $871,900, the current approved amount is $871,900. The loan was approved on 04/09/2020 by The First-Citizens Bank & Trust Company reported 71 jobs and $871,900 was used to fund payroll.

Southeastern laundry equipment is New Business or 2 years or less

SOUTHEASTERN LAUNDRY EQUIPMENT

Date Approved

04/09/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

SOUTHEASTERN LAUNDRY EQUIPMENT

Borrower Address

1105 Shana Ct Ste I

Borrower City

MARIETTA

Borrower State

GA

Borrower Zip

30066-2777

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

871900.00

Current Approval Amount

871900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MARIETTA

Project County Name

COBB

Project State

GA

Project Zip

30066-2777

CD

GA-06

Jobs Reported

71

NAICS Code

423850

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

871900.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

880260.68

Forgiveness Date

04/08/2021

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