PPP Loan information for New system linen service, inc.

$411,955

New system linen service, inc. was initially approved for PPP Loan of amount $411,955, the current approved amount is $411,955. The loan was approved on 04/14/2020 by The Fulton Bank, National Association reported 28 jobs and $411,955 was used to fund payroll.

New system linen service, inc. is Existing or more than 2 years old

PPP Loan Search / VA / Ruckersville / New system linen service, inc.

NEW SYSTEM LINEN SERVICE, INC.

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

NEW SYSTEM LINEN SERVICE, INC.

Borrower Address

174 Industrial Dr

Borrower City

Ruckersville

Borrower State

VA

Borrower Zip

22968

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

411955.02

Current Approval Amount

411955.02

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

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ruckersville

Project County Name

GREENE

Project State

VA

Project Zip

22968-0001

CD

VA-05

Jobs Reported

28

NAICS Code

812331

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

51494.37

Payroll Proceed

308966.27

Mortgage Interest Proceed

0.00

Rent Proceed

51494.38

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

416681.06

Forgiveness Date

06/11/2021

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