PPP Loan information for American laundry equipment corp

$183,750

American laundry equipment corp was initially approved for PPP Loan of amount $183,750, the current approved amount is $183,750. The loan was approved on 04/09/2020 by The Brookline Bank reported 13 jobs and $183,750 was used to fund payroll.

American laundry equipment corp is Existing or more than 2 years old

AMERICAN LAUNDRY EQUIPMENT CORP

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

AMERICAN LAUNDRY EQUIPMENT CORP

Borrower Address

1345 MAIN ST

Borrower City

WALTHAM

Borrower State

MA

Borrower Zip

02451-1624

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

183750.00

Current Approval Amount

183750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32688

Servicing Lender Name

Brookline Bank

Servicing Lender Address

2 Harvard St

Servicing Lender City

BROOKLINE

Servicing Lender State

MA

Servicing Lender Zip

02445-7905

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WALTHAM

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02451-1624

CD

MA-05

Jobs Reported

13

NAICS Code

812310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

183750.00

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

32688

Originating Lender

Brookline Bank

Originating Lender City

BROOKLINE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

185556.88

Forgiveness Date

04/15/2021

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