PPP Loan information for Metro commercial laundry corporation

$768,412

Metro commercial laundry corporation was initially approved for PPP Loan of amount $768,412, the current approved amount is $768,412. The loan was approved on 01/22/2021 by The Fulton Bank, National Association reported 100 jobs and $768,412 was used to fund payroll.

Metro commercial laundry corporation is Existing or more than 2 years old

METRO COMMERCIAL LAUNDRY CORPORATION

Date Approved

01/22/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

METRO COMMERCIAL LAUNDRY CORPORATION

Borrower Address

601 S Longwood St

Borrower City

Baltimore

Borrower State

MD

Borrower Zip

21223-2726

Loan Status Date

08/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

768412.00

Current Approval Amount

768412.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Baltimore

Project County Name

BALTIMORE CITY

Project State

MD

Project Zip

21223-2726

CD

MD-07

Jobs Reported

100

NAICS Code

339999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

768409.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

779696.08

Forgiveness Date

07/14/2022

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