PPP Loan information for Star laundry nyc corp

$1,450,695

Star laundry nyc corp was initially approved for PPP Loan of amount $1,450,695, the current approved amount is $1,450,695. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 271 jobs and $1,450,695 was used to fund payroll.

Star laundry nyc corp is Existing or more than 2 years old

PPP Loan Search / NJ / PATERSON / Star laundry nyc corp

STAR LAUNDRY NYC CORP

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

STAR LAUNDRY NYC CORP

Borrower Address

421 E 16TH ST

Borrower City

PATERSON

Borrower State

NJ

Borrower Zip

07514

Loan Status Date

06/30/2020

Loan Status

Charged Off

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1450695.00

Current Approval Amount

1450695.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PATERSON

Project County Name

PASSAIC

Project State

NJ

Project Zip

07514-1001

CD

NJ-09

Jobs Reported

271

NAICS Code

812310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

224000.00

Payroll Proceed

1190000.00

Mortgage Interest Proceed

11400.00

Rent Proceed

9000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12295.00

Debt Interest Proceed

4000

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

704615.47

Forgiveness Date

08/30/2021

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