Gad Laundry INC

$423,310 PPP Loan in Newark, New Jersey

Loan Details

Loan Number
1630727705
Date Approved
May 1, 2020
Loan Status
Charged Off
Initial Approval
$423,310
Current Approval
$423,310
Forgiveness Amount
$0
Forgiveness Date
N/A
Term
4 months
Draw
First Draw

Business Information

Business Name
Gad Laundry INC
Address
329 Frelinghuysen Ave
City
Newark
ZIP Code
07114
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (812310)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$95.5M
Rural/Urban
Urban
Congressional District
NJ-10

Loan Use Breakdown

Payroll
$317,482
Rent
$25,828
Utilities
$80,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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