PPP Loan information for Glyndon laundry inc.

$204,768

Glyndon laundry inc. was initially approved for PPP Loan of amount $204,768, the current approved amount is $204,768. The loan was approved on 01/19/2021 by The Farmers & Merchants Bank reported 24 jobs and $204,768 was used to fund payroll.

Glyndon laundry inc. is Existing or more than 2 years old

GLYNDON LAUNDRY INC.

Date Approved

01/19/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

GLYNDON LAUNDRY INC.

Borrower Address

6 Central Ave

Borrower City

Glyndon

Borrower State

MD

Borrower Zip

21071-4223

Loan Status Date

04/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

204767.88

Current Approval Amount

204767.88

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30550

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

15226 Hanover Pike

Servicing Lender City

UPPERCO

Servicing Lender State

MD

Servicing Lender Zip

21155-9749

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Glyndon

Project County Name

BALTIMORE

Project State

MD

Project Zip

21071-4223

CD

MD-02

Jobs Reported

24

NAICS Code

812320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

204765.88

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

Subchapter S Corporation

Originating Lender Location Id

30550

Originating Lender

Farmers & Merchants Bank

Originating Lender City

UPPERCO

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

207129.72

Forgiveness Date

03/28/2022

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