PPP Loan information for Melrose laundromat corporation

$61,445

Melrose laundromat corporation was initially approved for PPP Loan of amount $61,445, the current approved amount is $61,445. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 9 jobs and $61,445 was used to fund payroll.

Melrose laundromat corporation is New Business or 2 years or less

MELROSE LAUNDROMAT CORPORATION

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MELROSE LAUNDROMAT CORPORATION

Borrower Address

412 MAIN ST

Borrower City

MELROSE

Borrower State

MA

Borrower Zip

02176-3842

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61445.00

Current Approval Amount

61445.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MELROSE

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02176-3842

CD

MA-05

Jobs Reported

9

NAICS Code

812310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

61445.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

61847.34

Forgiveness Date

12/30/2020

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