PPP Loan information for Model laundry & cleaners

$69,800

Model laundry & cleaners was initially approved for PPP Loan of amount $69,800, the current approved amount is $69,800. The loan was approved on 04/08/2021 by The United Community Bank reported 15 jobs and $69,800 was used to fund payroll.

Model laundry & cleaners is Existing or more than 2 years old

MODEL LAUNDRY & CLEANERS

Date Approved

04/08/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MODEL LAUNDRY & CLEANERS

Borrower Address

413 S Norwood St

Borrower City

Wallace

Borrower State

NC

Borrower Zip

28466-1617

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

69800.00

Current Approval Amount

69800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wallace

Project County Name

DUPLIN

Project State

NC

Project Zip

28466-1617

CD

NC-03

Jobs Reported

15

NAICS Code

812320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

69800.00

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

Sole Proprietorship

Originating Lender Location Id

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

70356.49

Forgiveness Date

02/02/2022

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