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
- City
- Hagerstown
- State
- Maryland
- 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.
Other PPP Loans in Hagerstown, MD
| Business | Approved | |
|---|---|---|
| Arc of Washington County, Inc. | $4,353,800 | |
| Kr Contracting, INC | $2,957,857 | |
| Brethren Mutual Insurance Company | $2,730,900 | |
| C. William Hetzer, Inc. | $2,628,080 | |
| Smith Elliott Kearns & Company, LLC | $2,607,115 |
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