Metropolitan Laundry Machinery Sales INC
$304,430 PPP Loan in South Richmond Hill, New York
Loan Details
- Loan Number
- 1570257703
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $304,430
- Current Approval
- $304,430
- Forgiveness Amount
- $307,505
- Forgiveness Date
- May 10, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Metropolitan Laundry Machinery Sales INC
- Address
- 12719 101st Ave
- State
- New York
- ZIP Code
- 11419
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423850)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 16
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- NY-05
Loan Use Breakdown
- Payroll
- $258,343
- Rent
- $32,800
- Utilities
- $7,300
- Debt Interest
- $5,987
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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