PPP Loan information for The dry cleaner by val, inc.

$405,300

The dry cleaner by val, inc. was initially approved for PPP Loan of amount $405,300, the current approved amount is $405,300. The loan was approved on 04/03/2020 by The Everett Co-operative Bank reported 59 jobs and $405,300 was used to fund payroll.

The dry cleaner by val, inc. is Existing or more than 2 years old

THE DRY CLEANER BY VAL, INC.

Date Approved

04/03/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THE DRY CLEANER BY VAL, INC.

Borrower Address

5 Walnut Hill Park Road

Borrower City

WOBURN

Borrower State

MA

Borrower Zip

01801

Loan Status Date

02/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

405300.00

Current Approval Amount

405300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89066

Servicing Lender Name

Everett Co-operative Bank

Servicing Lender Address

419 Broadway

Servicing Lender City

EVERETT

Servicing Lender State

MA

Servicing Lender Zip

02149-3435

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WOBURN

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01801-0001

CD

MA-05

Jobs Reported

59

NAICS Code

812320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

101325.00

Payroll Proceed

303975.00

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

Corporation

Originating Lender Location Id

89066

Originating Lender

Everett Co-operative Bank

Originating Lender City

EVERETT

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

409197.54

Forgiveness Date

03/31/2021

;