PPP Loan information for Laundry equipment services, inc.

$228,400

Laundry equipment services, inc. was initially approved for PPP Loan of amount $228,400, the current approved amount is $228,400. The loan was approved on 04/09/2020 by The CNB Bank, Inc. reported 24 jobs and $228,400 was used to fund payroll.

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

LAUNDRY EQUIPMENT SERVICES, INC.

Date Approved

04/09/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

LAUNDRY EQUIPMENT SERVICES, INC.

Borrower Address

13015 Salem Avenue

Borrower City

HAGERSTOWN

Borrower State

MD

Borrower Zip

21740-3551

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

228400.00

Current Approval Amount

228400.00

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

9700.00

Payroll Proceed

171300.00

Mortgage Interest Proceed

0.00

Rent Proceed

41400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6000.00

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

230483.76

Forgiveness Date

03/16/2021

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