PPP Loan information for New town laundromat inc

$22,600

New town laundromat inc was initially approved for PPP Loan of amount $42,200, the current approved amount is $22,600. The loan was approved on 04/14/2020 by The Bank of Hope reported 5 jobs and $22,600 was used to fund payroll.

New town laundromat inc is New Business or 2 years or less

NEW TOWN LAUNDROMAT INC

Date Approved

04/14/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

NEW TOWN LAUNDROMAT INC

Borrower Address

2837 31st St.

Borrower City

ASTORIA

Borrower State

NY

Borrower Zip

11102

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42200.00

Current Approval Amount

22600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

110359

Servicing Lender Name

Bank of Hope

Servicing Lender Address

3200 Wilshire Blvd 1st Fl

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90010

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ASTORIA

Project County Name

QUEENS

Project State

NY

Project Zip

11102-0001

CD

NY-14

Jobs Reported

5

NAICS Code

812310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

22600.00

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

110359

Originating Lender

Bank of Hope

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

22765.32

Forgiveness Date

01/14/2021

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