PPP Loan information for Salem laundry company, inc.

$91,902

Salem laundry company, inc. was initially approved for PPP Loan of amount $91,902, the current approved amount is $91,902. The loan was approved on 04/06/2020 by The Marblehead Bank reported 18 jobs and $91,902 was used to fund payroll.

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

SALEM LAUNDRY COMPANY, INC.

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SALEM LAUNDRY COMPANY, INC.

Borrower Address

20 Central Street, #1

Borrower City

SALEM

Borrower State

MA

Borrower Zip

01970-3703

Loan Status Date

06/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

91902.14

Current Approval Amount

91902.14

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33039

Servicing Lender Name

Marblehead Bank

Servicing Lender Address

21 Atlantic Ave

Servicing Lender City

MARBLEHEAD

Servicing Lender State

MA

Servicing Lender Zip

01945-3293

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

ESSEX

Project State

MA

Project Zip

01970-3703

CD

MA-06

Jobs Reported

18

NAICS Code

812320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

91902.14

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

Corporation

Originating Lender Location Id

33039

Originating Lender

Marblehead Bank

Originating Lender City

MARBLEHEAD

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

92763.25

Forgiveness Date

03/25/2021

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