PPP Loan information for Modern dry cleaners inc

$74,100

Modern dry cleaners inc was initially approved for PPP Loan of amount $74,100, the current approved amount is $74,100. The loan was approved on 01/27/2021 by The The Peoples Bank reported 18 jobs and $74,100 was used to fund payroll.

Modern dry cleaners inc is Existing or more than 2 years old

MODERN DRY CLEANERS INC

Date Approved

01/27/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

MODERN DRY CLEANERS INC

Borrower Address

3307 Cinema Ave

Borrower City

Anderson

Borrower State

SC

Borrower Zip

29621-1347

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

74100.00

Current Approval Amount

74100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66159

Servicing Lender Name

The Peoples Bank

Servicing Lender Address

801 E Front St

Servicing Lender City

IVA

Servicing Lender State

SC

Servicing Lender Zip

29655-9090

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Anderson

Project County Name

ANDERSON

Project State

SC

Project Zip

29621-1347

CD

SC-03

Jobs Reported

18

NAICS Code

812320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

74096.00

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

66159

Originating Lender

The Peoples Bank

Originating Lender City

IVA

Originating Lender State

SC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

74509.61

Forgiveness Date

08/24/2021

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