# PPP loan: EDINA LAUNDRY CO.
> **$897K** approved 02/02/2021 · Paid in Full · Loan `1945408410`
## Borrower
- **Name:** EDINA LAUNDRY CO.
- **Address:** 7501 W 27th St, Minneapolis, MN, 55426-3105
- **NAICS:** 812332
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $897K
- **Initial approval:** $897K
- **Forgiven:** $905K (101%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $897K
- **Utilities:** $1
- **Jobs reported:** 48
## Lender
- **Originating:** Platinum Bank
- **Servicing:** Platinum Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*