PPP Loan information for Cherry hill bubble tea inc.

$19,129

Cherry hill bubble tea inc. was initially approved for PPP Loan of amount $19,129, the current approved amount is $19,129. The loan was approved on 06/17/2020 by The Asian Bank reported 7 jobs and $19,129 was used to fund payroll.

Cherry hill bubble tea inc. is Existing or more than 2 years old

PPP Loan Search / NJ / CHERRY HILL / Cherry hill bubble tea inc.

CHERRY HILL BUBBLE TEA INC.

Date Approved

06/17/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

CHERRY HILL BUBBLE TEA INC.

Borrower Address

826 HADDONFIELD RD

Borrower City

CHERRY HILL

Borrower State

NJ

Borrower Zip

08002-2691

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

19129.00

Current Approval Amount

19129.00

Undisbursed Amount

0.00

Franchise Name

Kung Fu Tea

Servicing Lender Location Id

123090

Servicing Lender Name

Asian Bank

Servicing Lender Address

1023 Race 2nd Floor

Servicing Lender City

PHILADELPHIA

Servicing Lender State

PA

Servicing Lender Zip

19107-1803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHERRY HILL

Project County Name

CAMDEN

Project State

NJ

Project Zip

08002-2691

CD

NJ-01

Jobs Reported

7

NAICS Code

722515

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1629.00

Payroll Proceed

14500.00

Mortgage Interest Proceed

0.00

Rent Proceed

3000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

123090

Originating Lender

Asian Bank

Originating Lender City

PHILADELPHIA

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

19310.86

Forgiveness Date

06/09/2021

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