PPP Loan information for The palace laundromat, llc

$23,899

The palace laundromat, llc was initially approved for PPP Loan of amount $23,899, the current approved amount is $23,899. The loan was approved on 04/27/2020 by The Lakeland Bank reported 6 jobs and $23,899 was used to fund payroll.

The palace laundromat, llc is Existing or more than 2 years old

THE PALACE LAUNDROMAT, LLC

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

THE PALACE LAUNDROMAT, LLC

Borrower Address

118 McBride Ave.

Borrower City

LITTLE FALLS

Borrower State

NJ

Borrower Zip

07424

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23898.57

Current Approval Amount

23898.57

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LITTLE FALLS

Project County Name

PASSAIC

Project State

NJ

Project Zip

07424-0001

CD

NJ-11

Jobs Reported

6

NAICS Code

812310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

23898.57

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

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

24140.21

Forgiveness Date

05/05/2021

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