PPP Loan information for Ching tao chinese restaurant inc.

$55,185

Ching tao chinese restaurant inc. was initially approved for PPP Loan of amount $55,185, the current approved amount is $55,185. The loan was approved on 02/07/2021 by The BankNewport reported 13 jobs and $55,185 was used to fund payroll.

Ching tao chinese restaurant inc. is Existing or more than 2 years old

PPP Loan Search / RI / Middletown / Ching tao chinese restaurant inc.

CHING TAO CHINESE RESTAURANT INC.

Date Approved

02/07/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

CHING TAO CHINESE RESTAURANT INC.

Borrower Address

268 W Main Rd

Borrower City

Middletown

Borrower State

RI

Borrower Zip

02842-6307

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55184.50

Current Approval Amount

55184.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65657

Servicing Lender Name

BankNewport

Servicing Lender Address

10 Washington Sq

Servicing Lender City

NEWPORT

Servicing Lender State

RI

Servicing Lender Zip

02840-2948

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Middletown

Project County Name

NEWPORT

Project State

RI

Project Zip

02842-6307

CD

RI-01

Jobs Reported

13

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

55182.50

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

55429.43

Forgiveness Date

07/21/2021

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