PPP Loan information for Right way laundry inc.

$22,400

Right way laundry inc. was initially approved for PPP Loan of amount $22,400, the current approved amount is $22,400. The loan was approved on 04/11/2020 by The Community Trust Bank, Inc. reported 5 jobs and $22,400 was used to fund payroll.

Right way laundry inc. is Existing or more than 2 years old

RIGHT WAY LAUNDRY INC.

Date Approved

04/11/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

RIGHT WAY LAUNDRY INC.

Borrower Address

427 COMMERCE DRIVE

Borrower City

LOUISA

Borrower State

KY

Borrower Zip

41230

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22400.00

Current Approval Amount

22400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27783

Servicing Lender Name

Community Trust Bank, Inc.

Servicing Lender Address

346 N Mayo Trl

Servicing Lender City

PIKEVILLE

Servicing Lender State

KY

Servicing Lender Zip

41501-1847

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOUISA

Project County Name

LAWRENCE

Project State

KY

Project Zip

41230-0001

CD

KY-05

Jobs Reported

5

NAICS Code

812310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

22400.00

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

27783

Originating Lender

Community Trust Bank, Inc.

Originating Lender City

PIKEVILLE

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

22665.73

Forgiveness Date

06/24/2021

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