PPP Loan information for China aid association inc

$130,867

China aid association inc was initially approved for PPP Loan of amount $130,867, the current approved amount is $130,867. The loan was approved on 04/30/2020 by The Bank of America, National Association reported 8 jobs and $130,867 was used to fund payroll.

China aid association inc is Existing or more than 2 years old

CHINA AID ASSOCIATION INC

Date Approved

04/30/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

CHINA AID ASSOCIATION INC

Borrower Address

1608 N BIG SPRING ST

Borrower City

MIDLAND

Borrower State

TX

Borrower Zip

79701-2622

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

130867.00

Current Approval Amount

130867.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MIDLAND

Project County Name

MIDLAND

Project State

TX

Project Zip

79701-2622

CD

TX-11

Jobs Reported

8

NAICS Code

813990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

130867.00

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

Non-Profit Organization

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

107788.99

Forgiveness Date

06/04/2021

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