PPP Loan information for 48th st. laundry corp.

$180,200

48th st. laundry corp. was initially approved for PPP Loan of amount $170,400, the current approved amount is $180,200. The loan was approved on 04/07/2020 by The Shinhan Bank America reported 28 jobs and $180,200 was used to fund payroll.

48th st. laundry corp. is Existing or more than 2 years old

48TH ST. LAUNDRY CORP.

Date Approved

04/07/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

48TH ST. LAUNDRY CORP.

Borrower Address

47-55 48TH STREET

Borrower City

WOODSIDE

Borrower State

NY

Borrower Zip

11377-1246

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

170400.00

Current Approval Amount

180200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112966

Servicing Lender Name

Shinhan Bank America

Servicing Lender Address

475 Park Ave S 4th Flr

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10016-6967

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WOODSIDE

Project County Name

QUEENS

Project State

NY

Project Zip

11377-1246

CD

NY-07

Jobs Reported

28

NAICS Code

812320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

26045.00

Payroll Proceed

144160.00

Mortgage Interest Proceed

0.00

Rent Proceed

9995.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112966

Originating Lender

Shinhan Bank America

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

181503.36

Forgiveness Date

01/07/2021

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