# PPP loan: NORTH TEXAS HEALTH CARE LAUNDRY COOPERATIVE ASSOCIATION
> **$2.09M** approved 04/05/2020 · Paid in Full · Loan `5198607005`
## Borrower
- **Name:** NORTH TEXAS HEALTH CARE LAUNDRY COOPERATIVE ASSOCIATION
- **Address:** 1080 POST N PADDOCK ST, GRAND PRAIRIE, TX, 75050-1139
- **NAICS:** 812332
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.09M
- **Initial approval:** $2.09M
- **Forgiven:** $2.11M (101%)
- **Forgiveness date:** 05/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.67M
- **Utilities:** $120K
- **Health care:** $300K
- **Jobs reported:** 269
## Lender
- **Originating:** First United Bank and Trust Company
- **Servicing:** First United Bank and Trust Company (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*