PPP Loan information for Nuway laundry inc.

$114,064

Nuway laundry inc. was initially approved for PPP Loan of amount $114,064, the current approved amount is $114,064. The loan was approved on 03/15/2021 by The First United Bank & Trust reported 17 jobs and $114,064 was used to fund payroll.

Nuway laundry inc. is Existing or more than 2 years old

PPP Loan Search / MD / Oakland / Nuway laundry inc.

NUWAY LAUNDRY INC.

Date Approved

03/15/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

NUWAY LAUNDRY INC.

Borrower Address

31 Commerce Dr Oakland Md 21550

Borrower City

Oakland

Borrower State

MD

Borrower Zip

21550-3955

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

114063.97

Current Approval Amount

114063.97

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30767

Servicing Lender Name

First United Bank & Trust

Servicing Lender Address

19 S 2nd St

Servicing Lender City

OAKLAND

Servicing Lender State

MD

Servicing Lender Zip

21550-1517

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Oakland

Project County Name

GARRETT

Project State

MD

Project Zip

21550-3955

CD

MD-06

Jobs Reported

17

NAICS Code

812320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

114061.97

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

Subchapter S Corporation

Originating Lender Location Id

30767

Originating Lender

First United Bank & Trust

Originating Lender City

OAKLAND

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

114526.56

Forgiveness Date

08/13/2021

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