# PPP loan: HOLDGATES ISLAND LAUNDRY INC
> **$227K** approved 01/28/2021 · Paid in Full · Loan `7314448303`
## Borrower
- **Name:** HOLDGATES ISLAND LAUNDRY INC
- **Address:** 8 Vesper Ln, Nantucket, MA, 02554-2737
- **NAICS:** 812320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $227K
- **Initial approval:** $227K
- **Forgiven:** $228K (101%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $227K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*