ALADDIN CLEANERS & LAUNDRY INC. (AL) - 2020 PPP Loan Borrower Profile (# 4657647208)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALADDIN CLEANERS & LAUNDRY INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Alabama.

Loan Detail

Loan Number

4657647208

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$84,900

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$85,758.43

Date Loan was Forgiven

May 6, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

84,900

Lender

Hope Enterprise Corporation

Business Detail

Business Type

Subchapter S Corporation

NAICS

812320

Borrower Location

Vincent, AL

Project Location

Vincent, AL

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.