PPP Loan information for City laundry & cleaners, inc

$83,900

City laundry & cleaners, inc was initially approved for PPP Loan of amount $83,900, the current approved amount is $83,900. The loan was approved on 04/04/2020 by The First Palmetto Bank reported 18 jobs and $83,900 was used to fund payroll.

City laundry & cleaners, inc is Existing or more than 2 years old

CITY LAUNDRY & CLEANERS, INC

Date Approved

04/04/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

CITY LAUNDRY & CLEANERS, INC

Borrower Address

404 Rutledge Street

Borrower City

CAMDEN

Borrower State

SC

Borrower Zip

29020-4423

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

83900.00

Current Approval Amount

83900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79252

Servicing Lender Name

First Palmetto Bank

Servicing Lender Address

407 DeKalb St

Servicing Lender City

CAMDEN

Servicing Lender State

SC

Servicing Lender Zip

29020-4437

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CAMDEN

Project County Name

KERSHAW

Project State

SC

Project Zip

29020-4423

CD

SC-05

Jobs Reported

18

NAICS Code

812320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

16700.00

Payroll Proceed

67200.00

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

79252

Originating Lender

First Palmetto Bank

Originating Lender City

CAMDEN

Originating Lender State

SC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

84533.91

Forgiveness Date

01/08/2021

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