A M D CLEANERS INC (MA) - 2020 PPP Loan Borrower Profile (# 8691928305)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A M D CLEANERS 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 Massachusetts.

Loan Detail

Loan Number

8691928305

SBA Office Code

0101

Processing Method

PPS

Curent Loan Amount

$38,805

Date Loan was Approved

Jan 29, 2021

Amount Forgiven

$39,218.92

Date Loan was Forgiven

Feb 25, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

38,800

Lender

Eastern Bank

Business Detail

Business Type

Corporation

NAICS

812320

Borrower Location

Peabody, MA

Project Location

Peabody, 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.