# PPP loan: LAUNDROLAND INC
> **$263K** approved 04/26/2021 · Paid in Full · Loan `1817708902`
## Borrower
- **Name:** LAUNDROLAND INC
- **Address:** 13647 Georgia Ave, Silver Spring, MD, 20906-5214
- **NAICS:** 812310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $263K
- **Initial approval:** $263K
- **Forgiven:** $264K (100%)
- **Forgiveness date:** 09/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $263K
- **Utilities:** $1
- **Jobs reported:** 33
## Lender
- **Originating:** First National Bank of Pennsylvania
- **Servicing:** First National Bank of Pennsylvania (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*