10400 COIN LAUNDRY INC (IL) - 2020 PPP Loan Borrower Profile (# 3426207802)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 10400 COIN 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 Illinois.

Loan Detail

Loan Number

3426207802

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$8,945

Date Loan was Approved

May 26, 2020

Amount Forgiven

$9,021.53

Date Loan was Forgiven

Apr 1, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

894

Payroll Proced

6,708.75

Mortgage Interest Proceed

1,342.25

Lender

Hinsdale Bank & Trust Company, National Association

Business Detail

Business Type

Corporation

NAICS

812320

Borrower Location

MELROSE PARK, IL

Project Location

MELROSE PARK, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.