PPP Loan information for Chai five laundry services llc

$474,600

Chai five laundry services llc was initially approved for PPP Loan of amount $474,600, the current approved amount is $474,600. The loan was approved on 04/15/2020 by The Customers Bank reported 70 jobs and $474,600 was used to fund payroll.

Chai five laundry services llc is New Business or 2 years or less

CHAI FIVE LAUNDRY SERVICES LLC

Date Approved

04/15/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

CHAI FIVE LAUNDRY SERVICES LLC

Borrower Address

640 E Wardlow Rd

Borrower City

Long Beach

Borrower State

CA

Borrower Zip

90807

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

474600.00

Current Approval Amount

474600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Long Beach

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90807-0001

CD

CA-44

Jobs Reported

70

NAICS Code

812320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

474600.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

477928.70

Forgiveness Date

01/25/2021

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