Tarheel Linen Service, Inc.

$568,563 PPP Loan in Durham, North Carolina

Loan Details

Loan Number
5158837108
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$568,563
Current Approval
$568,563
Forgiveness Amount
$575,086
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Tarheel Linen Service, Inc.
Address
1606 E. Club Blvd
City
Durham
ZIP Code
27704-3406
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (812331)
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
$7.3M
Rural/Urban
Urban
Congressional District
NC-04

Loan Use Breakdown

Payroll
$426,423
Rent
$71,070
Utilities
$71,070

Lender Information

Servicing Lender
Fulton Bank, National Association
Originating Lender
Fulton Bank, National Association

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