Mg Laundry Corporation

$24,100 PPP Loan in Grimes, Iowa

Loan Details

Loan Number
5896477000
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$24,100
Current Approval
$24,100
Forgiveness Amount
$24,282
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mg Laundry Corporation
Address
2000 SE 44th Ct
City
Grimes
State
Iowa
ZIP Code
50111-4931
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (812310)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IA-03

Loan Use Breakdown

Payroll
$19,320
Utilities
$1,594
Mortgage Interest
$1,593
Debt Interest
$1,593

Lender Information

Servicing Lender
Trubank
Originating Lender
Trubank

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