# PPP loan: BELMONT LAUNDRY INC
> **$446K** approved 01/26/2021 · Paid in Full · Loan `6364598306`
## Borrower
- **Name:** BELMONT LAUNDRY INC
- **Address:** 333 Belmont Ave, Springfield, MA, 01108-2025
- **NAICS:** 812310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $446K
- **Initial approval:** $446K
- **Forgiven:** $449K (101%)
- **Forgiveness date:** 11/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $446K
- **Utilities:** $1
- **Jobs reported:** 43
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*