PPP Loan information for North texas health care laundry cooperative association

$2,088,900

North texas health care laundry cooperative association was initially approved for PPP Loan of amount $2,088,900, the current approved amount is $2,088,900. The loan was approved on 04/05/2020 by The First United Bank and Trust Company reported 269 jobs and $2,088,900 was used to fund payroll.

North texas health care laundry cooperative association is Existing or more than 2 years old

NORTH TEXAS HEALTH CARE LAUNDRY COOPERATIVE ASSOCIATION

Date Approved

04/05/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

NORTH TEXAS HEALTH CARE LAUNDRY COOPERATIVE ASSOCIATION

Borrower Address

1080 POST N PADDOCK ST

Borrower City

GRAND PRAIRIE

Borrower State

TX

Borrower Zip

75050-1139

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2088900.00

Current Approval Amount

2088900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58899

Servicing Lender Name

First United Bank and Trust Company

Servicing Lender Address

1400 W Main St

Servicing Lender City

DURANT

Servicing Lender State

OK

Servicing Lender Zip

74701-4906

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND PRAIRIE

Project County Name

TARRANT

Project State

TX

Project Zip

75050-1139

CD

TX-33

Jobs Reported

269

NAICS Code

812332

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

120000.00

Payroll Proceed

1668900.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

300000.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

58899

Originating Lender

First United Bank and Trust Company

Originating Lender City

DURANT

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2110933.60

Forgiveness Date

05/10/2021

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