PPP Loan information for Clothing exchange inc

$40,811

Clothing exchange inc was initially approved for PPP Loan of amount $40,811, the current approved amount is $40,811. The loan was approved on 02/13/2021 by The Bank of America, National Association reported 11 jobs and $40,811 was used to fund payroll.

Clothing exchange inc is Existing or more than 2 years old

CLOTHING EXCHANGE INC

Date Approved

02/13/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

CLOTHING EXCHANGE INC

Borrower Address

996 Springvale Rd

Borrower City

Great Falls

Borrower State

VA

Borrower Zip

22066-2432

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40811.00

Current Approval Amount

40811.00

Undisbursed Amount

0.00

Franchise Name

Plato's Closet

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Great Falls

Project County Name

FAIRFAX

Project State

VA

Project Zip

22066-2432

CD

VA-11

Jobs Reported

11

NAICS Code

448150

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

40805.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41048.04

Forgiveness Date

09/15/2021

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