PPP Loan information for Chinatown of somerset inc

$88,532

Chinatown of somerset inc was initially approved for PPP Loan of amount $88,532, the current approved amount is $88,532. The loan was approved on 03/15/2021 by The Bank of America, National Association reported 13 jobs and $88,532 was used to fund payroll.

Chinatown of somerset inc is Existing or more than 2 years old

PPP Loan Search / MI / Troy / Chinatown of somerset inc

CHINATOWN OF SOMERSET INC

Date Approved

03/15/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CHINATOWN OF SOMERSET INC

Borrower Address

2800 W Big Beaver Rd Ste 329

Borrower City

Troy

Borrower State

MI

Borrower Zip

48084-3206

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

88532.00

Current Approval Amount

88532.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Troy

Project County Name

OAKLAND

Project State

MI

Project Zip

48084-3206

CD

MI-11

Jobs Reported

13

NAICS Code

722514

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

88530.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89024.38

Forgiveness Date

10/06/2021

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