PPP Loan information for Nu way laundry and cleaners

$29,544

Nu way laundry and cleaners was initially approved for PPP Loan of amount $29,544, the current approved amount is $29,544. The loan was approved on 04/16/2021 by The Truist Bank reported 5 jobs and $29,544 was used to fund payroll.

Nu way laundry and cleaners is Existing or more than 2 years old

NU WAY LAUNDRY AND CLEANERS

Date Approved

04/16/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

NU WAY LAUNDRY AND CLEANERS

Borrower Address

107 W Arey St

Borrower City

Shelby

Borrower State

NC

Borrower Zip

28150-5384

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

29543.55

Current Approval Amount

29543.55

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Shelby

Project County Name

CLEVELAND

Project State

NC

Project Zip

28150-5384

CD

NC-10

Jobs Reported

5

NAICS Code

812320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

29540.55

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

Sole Proprietorship

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

29768.41

Forgiveness Date

01/19/2022

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