Hospital Laundry Service INC

$170,000 PPP Loan in Willmar, Minnesota

Loan Details

Loan Number
9623707000
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$170,000
Current Approval
$170,000
Forgiveness Amount
$172,087
Forgiveness Date
Jul 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hospital Laundry Service INC
Address
405 East Benson Ave
ZIP Code
56201-3622
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (812320)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$6.1M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$164,000
Rent
$6,000

Lender Information

Servicing Lender
Lake Region Bank
Originating Lender
Lake Region Bank

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