As part of the Paycheck Protection Program NEW SYSTEM LAUNDRY LLC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

NEW SYSTEM LAUNDRY LLC


Loan Amount	$1,393,706
BusinessName	NEW SYSTEM LAUNDRY LLC
Address	432 NE 10TH AVE
City	PORTLAND
State	OR
Zip	97232
NAICSCode	812320
BusinessType	Limited Liability Company(LLC)
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	130
DateApproved	04/08/2020
Lender	Columbia State Bank
CD	OR-03
BusinessName.clean	NEW SYSTEM LAUNDRY

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

NEW TANGRAM
NEW TEACHER CENTER
NEW TECH AIRCRAFT SERVICES
NEW TECH GLOBAL RIG PERSONNEL
NEW TECH GLOBAL STAFFING