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
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
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WASHINGTON
Project State
Project Zip
CD
MD-06
Jobs Reported
NAICS Code
812310
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
9700.00
Payroll Proceed
171300.00
Mortgage Interest Proceed
Rent Proceed
41400.00
Refinance EIDL Proceed
Health Care Proceed
6000.00
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
230483.76
Forgiveness Date
03/16/2021