PPP Loan information for Spin cycle llc

$201,640

Spin cycle llc was initially approved for PPP Loan of amount $201,640, the current approved amount is $201,640. The loan was approved on 04/13/2020 by The Valley National Bank reported 14 jobs and $201,640 was used to fund payroll.

Spin cycle llc is Existing or more than 2 years old

SPIN CYCLE LLC

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SPIN CYCLE LLC

Borrower Address

30 West st

Borrower City

EAST HANOVER

Borrower State

NJ

Borrower Zip

07936-2822

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

201640.00

Current Approval Amount

201640.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST HANOVER

Project County Name

MORRIS

Project State

NJ

Project Zip

07936-2822

CD

NJ-11

Jobs Reported

14

NAICS Code

812310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

201640.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

203146.70

Forgiveness Date

01/19/2021

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