48TH ST. LAUNDRY CORP. (NY) - 2020 PPP Loan Borrower Profile (# 4521458305)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 48TH ST. LAUNDRY CORP.. 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 New York.

Loan Detail

Loan Number

4521458305

SBA Office Code

0202

Processing Method

PPS

Curent Loan Amount

$180,200

Date Loan was Approved

Jan 23, 2021

Amount Forgiven

$182,080.99

Date Loan was Forgiven

Feb 15, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

180,194

Lender

Shinhan Bank America

Business Detail

Business Type

Corporation

NAICS

812310

Borrower Location

Woodside, NY

Project Location

Woodside, NY

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.