Laundry Equipment Services, Inc.

$228,400 PPP Loan in Hagerstown, Maryland

Loan Details

Loan Number
8896707001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$228,400
Current Approval
$228,400
Forgiveness Amount
$230,484
Forgiveness Date
Mar 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Laundry Equipment Services, Inc.
Address
13015 Salem Avenue
ZIP Code
21740-3551
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (812310)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MD-06

Loan Use Breakdown

Payroll
$171,300
Rent
$41,400
Utilities
$9,700
Health Care
$6,000

Lender Information

Servicing Lender
Cnb Bank, Inc.
Originating Lender
Cnb Bank, Inc.

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