# PPP loan: WALDEN CLEANERS AND LAUNDRY, INC
> **$180K** approved 04/04/2020 · Paid in Full · Loan `5001817006`
## Borrower
- **Name:** WALDEN CLEANERS AND LAUNDRY, INC
- **Address:** 505 HIGHLAND PKWY, NORMAN, OK, 73069-7645
- **NAICS:** 812320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $194K
- **Forgiven:** $182K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $146K
- **Rent:** $9K
- **Mortgage interest:** $16K
- **Utilities:** $9K
- **Jobs reported:** 26
## Lender
- **Originating:** Armstrong Bank
- **Servicing:** Armstrong Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*