North Texas Health Care Laundry Cooperative Association

$2,088,900 PPP Loan in Grand Prairie, Texas

Loan Details

Loan Number
5198607005
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$2,088,900
Current Approval
$2,088,900
Forgiveness Amount
$2,110,934
Forgiveness Date
May 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
North Texas Health Care Laundry Cooperative Association
Address
1080 Post N Paddock St
State
Texas
ZIP Code
75050-1139
Business Type
Cooperative
Industry (NAICS)
Other Services (except Public Administration) (812332)
Business Age
Existing or more than 2 years old
Jobs Reported
269
Estimated Revenue
$51.4M
Rural/Urban
Urban
Congressional District
TX-33

Loan Use Breakdown

Payroll
$1,668,900
Utilities
$120,000
Health Care
$300,000

Lender Information

Servicing Lender
First United Bank and Trust Company
Originating Lender
First United Bank and Trust Company

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