PPP Loan information for Laundry distribution & food service jt bd

Date Approved

03/26/2021

SBA Office Code

0299

Processing Method

PPP

Borrower Name

LAUNDRY DISTRIBUTION & FOOD SERVICE JT BD

Borrower Address

701 McCarter Hwy

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07102-4844

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

621218.42

Current Approval Amount

621218.42

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

ESSEX

Project State

NJ

Project Zip

07102-4844

CD

NJ-10

Jobs Reported

67

NAICS Code

813930

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

621212.42

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

Non-Profit Organization

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

625235.07

Forgiveness Date

12/01/2021