# PPP loan: REID'S LAUNDRY & DRY CLEANERS INC.
> **$636K** approved 02/23/2021 · Paid in Full · Loan `3165828503`
## Borrower
- **Name:** REID'S LAUNDRY & DRY CLEANERS INC.
- **Address:** 11907 W Highway 290, Austin, TX, 78737-2841
- **NAICS:** 812320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $636K
- **Initial approval:** $636K
- **Forgiven:** $642K (101%)
- **Forgiveness date:** 02/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $636K
- **Jobs reported:** 113
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*