985 PROSPECT LAUNDRETTE INC. (NY) - 2020 PPP Loan Borrower Profile (# 9082007902)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 985 PROSPECT LAUNDRETTE 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 New York.

Loan Detail

Loan Number

9082007902

SBA Office Code

0202

Processing Method

PPP

Curent Loan Amount

$6,582

Date Loan was Approved

Jun 19, 2020

Amount Forgiven

$6,647.64

Date Loan was Forgiven

Jun 22, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

822.75

Payroll Proced

4,936.5

Rent Proceed

822.75

Lender

Celtic Bank Corporation

Business Detail

Business Type

Corporation

NAICS

721199

Borrower Location

BRONX, NY

Project Location

BRONX, 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.