2020 LAUNDROMAT (MA) - 2020 PPP Loan Borrower Profile (# 7560447302)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 2020 LAUNDROMAT. 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 Massachusetts.

Loan Detail

Loan Number

7560447302

SBA Office Code

0130

Processing Method

PPP

Curent Loan Amount

$11,800

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$11,879.53

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

11,800

Lender

PeoplesBank

Business Detail

Business Type

Corporation

NAICS

812310

Borrower Location

Springfield, MA

Project Location

Springfield, MA

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.