PPP Loan information for American academy of traditional chinese

$232,251

American academy of traditional chinese was initially approved for PPP Loan of amount $232,251, the current approved amount is $232,251. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 29 jobs and $232,251 was used to fund payroll.

American academy of traditional chinese is Existing or more than 2 years old

AMERICAN ACADEMY OF TRADITIONAL CHINESE

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AMERICAN ACADEMY OF TRADITIONAL CHINESE

Borrower Address

1925 WEST COUNTY ROAD B2

Borrower City

ROSEVILLE

Borrower State

MN

Borrower Zip

55113

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

232251.00

Current Approval Amount

232251.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROSEVILLE

Project County Name

RAMSEY

Project State

MN

Project Zip

55113-0001

CD

MN-04

Jobs Reported

29

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

232251.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

234751.68

Forgiveness Date

06/04/2021

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