PPP Loan information for The dry cleaner by val inc.

$405,332

The dry cleaner by val inc. was initially approved for PPP Loan of amount $405,332, the current approved amount is $405,332. The loan was approved on 03/05/2021 by The Everett Co-operative Bank reported 30 jobs and $405,332 was used to fund payroll.

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

PPP Loan Search / MA / Woburn / The dry cleaner by val inc.

THE DRY CLEANER BY VAL INC.

Date Approved

03/05/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

THE DRY CLEANER BY VAL INC.

Borrower Address

5 Walnut Hill Park Ste 11

Borrower City

Woburn

Borrower State

MA

Borrower Zip

01801-3750

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

405332.30

Current Approval Amount

405332.30

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

01801-3750

CD

MA-05

Jobs Reported

30

NAICS Code

812320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

405330.30

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

407431.14

Forgiveness Date

09/15/2021

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