PPP Loan information for Majestic cleaners inc

$22,573

Majestic cleaners inc was initially approved for PPP Loan of amount $22,573, the current approved amount is $22,573. The loan was approved on 02/08/2021 by The Truist Bank reported 7 jobs and $22,573 was used to fund payroll.

Majestic cleaners inc is Existing or more than 2 years old

MAJESTIC CLEANERS INC

Date Approved

02/08/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MAJESTIC CLEANERS INC

Borrower Address

796 Piney Forest Rd

Borrower City

Danville

Borrower State

VA

Borrower Zip

24540-2859

Loan Status Date

09/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

22573.00

Current Approval Amount

22573.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Danville

Project County Name

DANVILLE CITY

Project State

VA

Project Zip

24540-2859

CD

VA-05

Jobs Reported

7

NAICS Code

812320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

22568.00

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

22895.29

Forgiveness Date

08/16/2022

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