PPP Loan information for Laundry equipment services inc

$228,460

Laundry equipment services inc was initially approved for PPP Loan of amount $228,460, the current approved amount is $228,460. The loan was approved on 01/23/2021 by The CNB Bank, Inc. reported 24 jobs and $228,460 was used to fund payroll.

Laundry equipment services inc is Existing or more than 2 years old

PPP Loan Search / MD / Hagerstown / Laundry equipment services inc

LAUNDRY EQUIPMENT SERVICES INC

Date Approved

01/23/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

LAUNDRY EQUIPMENT SERVICES INC

Borrower Address

13015 Salem Ave

Borrower City

Hagerstown

Borrower State

MD

Borrower Zip

21740-3551

Loan Status Date

09/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

228460.00

Current Approval Amount

228460.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74975

Servicing Lender Name

CNB Bank, Inc.

Servicing Lender Address

101 S Washington St

Servicing Lender City

BERKELEY SPRINGS

Servicing Lender State

WV

Servicing Lender Zip

25411-1569

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hagerstown

Project County Name

WASHINGTON

Project State

MD

Project Zip

21740-3551

CD

MD-06

Jobs Reported

24

NAICS Code

812310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

228460.00

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

Subchapter S Corporation

Originating Lender Location Id

74975

Originating Lender

CNB Bank, Inc.

Originating Lender City

BERKELEY SPRINGS

Originating Lender State

WV

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

229730.61

Forgiveness Date

08/23/2021

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