PPP Loan information for Elite laundry company inc.

$268,837

Elite laundry company inc. was initially approved for PPP Loan of amount $268,837, the current approved amount is $268,837. The loan was approved on 04/14/2020 by The Bank of Colorado reported 44 jobs and $268,837 was used to fund payroll.

Elite laundry company inc. is Existing or more than 2 years old

ELITE LAUNDRY COMPANY INC.

Date Approved

04/14/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

ELITE LAUNDRY COMPANY INC.

Borrower Address

208 E. Highway 66

Borrower City

GALLUP

Borrower State

NM

Borrower Zip

87301-6127

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

268837.00

Current Approval Amount

268837.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15438

Servicing Lender Name

Bank of Colorado

Servicing Lender Address

1609 E Harmony Rd

Servicing Lender City

FORT COLLINS

Servicing Lender State

CO

Servicing Lender Zip

80525-3238

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GALLUP

Project County Name

MCKINLEY

Project State

NM

Project Zip

87301-6127

CD

NM-03

Jobs Reported

44

NAICS Code

812320

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

30000.00

Payroll Proceed

238837.00

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

Subchapter S Corporation

Originating Lender Location Id

15438

Originating Lender

Bank of Colorado

Originating Lender City

FORT COLLINS

Originating Lender State

CO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

271786.74

Forgiveness Date

05/24/2021

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