Magic Laundry Services Inc.
$4,103,140 PPP Loan in Montebello, California
Loan Details
- Loan Number
- 3198827710
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $4,103,140
- Current Approval
- $4,103,140
- Forgiveness Amount
- $4,075,606
- Forgiveness Date
- Sep 1, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Magic Laundry Services Inc.
- Address
- 412 W Roosevelt Ave
- City
- Montebello
- State
- California
- ZIP Code
- 90640
- Business Type
- Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (812332)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 400
- Estimated Revenue
- $76.4M
- Rural/Urban
- Urban
- Congressional District
- CA-38
Loan Use Breakdown
- Payroll
- $3,405,816
- Rent
- $140,100
- Utilities
- $449,699
- Health Care
- $64,407
- Debt Interest
- $43,118
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
Other PPP Loans in Montebello, CA
| Business | Approved | |
|---|---|---|
| Le Pafe Inc. | $2,968,700 |  Research |
| Unix Packaging, LLC | $2,393,401 | Research |
| Katzkin Leather, Inc. | $2,392,582 | Research |
| Magic Laundry Services Inc. | $2,000,000 | Research |
| Le Pafe Inc. | $2,000,000 | Research |
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