PPP Loan information for Drycleaning & laundry institute

$125,725

Drycleaning & laundry institute was initially approved for PPP Loan of amount $125,725, the current approved amount is $125,725. The loan was approved on 03/04/2021 by The Truist Bank reported 9 jobs and $125,725 was used to fund payroll.

Drycleaning & laundry institute is Existing or more than 2 years old

DRYCLEANING & LAUNDRY INSTITUTE

Date Approved

03/04/2021

SBA Office Code

0353

Processing Method

PPP

Borrower Name

DRYCLEANING & LAUNDRY INSTITUTE

Borrower Address

14700 Sweitzer Ln

Borrower City

Laurel

Borrower State

MD

Borrower Zip

20707-5904

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

125725.25

Current Approval Amount

125725.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Laurel

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20707-5904

CD

MD-04

Jobs Reported

9

NAICS Code

813910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

125722.25

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

501(c)6 – Non Profit Membership

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

126287.52

Forgiveness Date

08/19/2021

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