Star Laundry Nyc Corp
$1,450,695 PPP Loan in Paterson, New Jersey
Loan Details
- Loan Number
- 2083197706
- Date Approved
- May 1, 2020
- Loan Status
- Charged Off
- Initial Approval
- $1,450,695
- Current Approval
- $1,450,695
- Forgiveness Amount
- $704,615
- Forgiveness Date
- Aug 30, 2021
- Term
- 60 months
- Draw
- First Draw
Business Information
- Business Name
- Star Laundry Nyc Corp
- Address
- 421 E 16th St
- City
- Paterson
- State
- New Jersey
- ZIP Code
- 07514
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (812310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 271
- Estimated Revenue
- $51.8M
- Rural/Urban
- Urban
- Congressional District
- NJ-09
Loan Use Breakdown
- Payroll
- $1,190,000
- Rent
- $9,000
- Utilities
- $224,000
- Health Care
- $12,295
- Mortgage Interest
- $11,400
- Debt Interest
- $4,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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