48TH ST. LAUNDRY CORP. (NY) - 2020 PPP Loan Borrower Profile (# 7489697009)

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

7489697009

SBA Office Code

0202

Processing Method

PPP

Curent Loan Amount

$180,200

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$181,503.36

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

26,045

Payroll Proced

144,160

Rent Proceed

9,995

Lender

Shinhan Bank America

Business Detail

Business Type

Corporation

NAICS

812320

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.