PPP Loan information for Lansing cleaners, inc.

$654,800

Lansing cleaners, inc. was initially approved for PPP Loan of amount $654,800, the current approved amount is $654,800. The loan was approved on 04/09/2020 by The American Community Bank of Indiana reported 124 jobs and $654,800 was used to fund payroll.

Lansing cleaners, inc. is Existing or more than 2 years old

LANSING CLEANERS, INC.

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

LANSING CLEANERS, INC.

Borrower Address

18210 TORRENCE AVE

Borrower City

LANSING

Borrower State

IL

Borrower Zip

60438-2730

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

654800.00

Current Approval Amount

654800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84416

Servicing Lender Name

American Community Bank of Indiana

Servicing Lender Address

8230 Hohman Ave

Servicing Lender City

MUNSTER

Servicing Lender State

IN

Servicing Lender Zip

46321-1516

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LANSING

Project County Name

COOK

Project State

IL

Project Zip

60438-2730

CD

IL-02

Jobs Reported

124

NAICS Code

812320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

32740.00

Payroll Proceed

556580.00

Mortgage Interest Proceed

0.00

Rent Proceed

65480.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

84416

Originating Lender

American Community Bank of Indiana

Originating Lender City

MUNSTER

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

658419.59

Forgiveness Date

11/03/2020

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