PPP Loan information for Chute laundry inc

$20,075

Chute laundry inc was initially approved for PPP Loan of amount $20,075, the current approved amount is $20,075. The loan was approved on 04/14/2020 by The Cross River Bank reported 4 jobs and $20,075 was used to fund payroll.

Chute laundry inc is New Business or 2 years or less

CHUTE LAUNDRY INC

Date Approved

04/14/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

CHUTE LAUNDRY INC

Borrower Address

1006 s Pugh St,308

Borrower City

State College

Borrower State

PA

Borrower Zip

16801

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20075.00

Current Approval Amount

20075.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

State College

Project County Name

CENTRE

Project State

PA

Project Zip

16801-1270

CD

PA-15

Jobs Reported

4

NAICS Code

812320

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20075.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20214.15

Forgiveness Date

01/08/2021

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