PPP Loan information for American xpress cleaners, inc.

$48,580

American xpress cleaners, inc. was initially approved for PPP Loan of amount $48,580, the current approved amount is $48,580. The loan was approved on 04/29/2020 by The Lakeland Bank reported 9 jobs and $48,580 was used to fund payroll.

American xpress cleaners, inc. is Existing or more than 2 years old

AMERICAN XPRESS CLEANERS, INC.

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

AMERICAN XPRESS CLEANERS, INC.

Borrower Address

402 BLOOMFIELD AVE

Borrower City

VERONA

Borrower State

NJ

Borrower Zip

07044-2006

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48580.00

Current Approval Amount

48580.00

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

VERONA

Project County Name

ESSEX

Project State

NJ

Project Zip

07044-2006

CD

NJ-10

Jobs Reported

9

NAICS Code

812320

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

39580.00

Mortgage Interest Proceed

0.00

Rent Proceed

4000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48971.30

Forgiveness Date

02/22/2021

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