PPP Loan information for R & h laundromat & dry cleaning, inc

$126,500

R & h laundromat & dry cleaning, inc was initially approved for PPP Loan of amount $126,500, the current approved amount is $126,500. The loan was approved on 04/04/2020 by The Northwest Bank of Rockford reported 30 jobs and $126,500 was used to fund payroll.

R & h laundromat & dry cleaning, inc is Existing or more than 2 years old

PPP Loan Search / IL / ROCKFORD / R & h laundromat & dry cleaning, inc

R & H LAUNDROMAT & DRY CLEANING, INC

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

R & H LAUNDROMAT & DRY CLEANING, INC

Borrower Address

1304 BROOKE ROAD

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61109-1142

Loan Status Date

04/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

126500.00

Current Approval Amount

126500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22504

Servicing Lender Name

Northwest Bank of Rockford

Servicing Lender Address

3106 N Rockton Ave

Servicing Lender City

ROCKFORD

Servicing Lender State

IL

Servicing Lender Zip

61103-2837

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61109-1142

CD

IL-17

Jobs Reported

30

NAICS Code

812310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15813.00

Payroll Proceed

94875.00

Mortgage Interest Proceed

15812.00

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

22504

Originating Lender

Northwest Bank of Rockford

Originating Lender City

ROCKFORD

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

127389.01

Forgiveness Date

12/23/2020

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