PPP Loan information for Gad laundry inc

$423,310

Gad laundry inc was initially approved for PPP Loan of amount $423,310, the current approved amount is $423,310. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 500 jobs and $423,310 was used to fund payroll.

Gad laundry inc is Existing or more than 2 years old

PPP Loan Search / NJ / NEWARK / Gad laundry inc

GAD LAUNDRY INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

GAD LAUNDRY INC

Borrower Address

329 Frelinghuysen Ave

Borrower City

NEWARK

Borrower State

NJ

Borrower Zip

07114

Loan Status Date

06/30/2020

Loan Status

Charged Off

Term

4

SBA Guaranty Percentage

100

Initial Approval Amount

423310.00

Current Approval Amount

423310.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWARK

Project County Name

ESSEX

Project State

NJ

Project Zip

07114-0001

CD

NJ-10

Jobs Reported

500

NAICS Code

812310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

80000.00

Payroll Proceed

317482.00

Mortgage Interest Proceed

0.00

Rent Proceed

25828.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;