PPP Loan information for New system laundry, llc

$1,542,535

New system laundry, llc was initially approved for PPP Loan of amount $1,542,535, the current approved amount is $1,542,535. The loan was approved on 02/12/2021 by The Umpqua Bank reported 138 jobs and $1,542,535 was used to fund payroll.

New system laundry, llc is Existing or more than 2 years old

PPP Loan Search / OR / Portland / New system laundry, llc

NEW SYSTEM LAUNDRY, LLC

Date Approved

02/12/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

NEW SYSTEM LAUNDRY, LLC

Borrower Address

432 NE 10th Ave

Borrower City

Portland

Borrower State

OR

Borrower Zip

97232-2713

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1542535.00

Current Approval Amount

1542535.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Portland

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97232-2713

CD

OR-01

Jobs Reported

138

NAICS Code

812331

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1542530.00

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

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1551409.86

Forgiveness Date

09/17/2021

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