# PPP loan: 1ST CLASS LAUNDRY
> **$1.02M** approved 05/02/2020 · Paid in Full · Loan `9581857305`
## Borrower
- **Name:** 1ST CLASS LAUNDRY
- **Address:** 33483 WESTERN AVE, UNION CITY, CA, 94587-3201
- **NAICS:** 812332
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.02M
- **Initial approval:** $1.92M
- **Forgiven:** $1.01M (99%)
- **Forgiveness date:** 04/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.02M
- **Jobs reported:** 180
## 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*