PPP Loan information for King wah restaurant & lounge inc.

$285,754

King wah restaurant & lounge inc. was initially approved for PPP Loan of amount $285,754, the current approved amount is $285,754. The loan was approved on 02/01/2021 by The Readycap Lending, LLC reported 30 jobs and $285,754 was used to fund payroll.

King wah restaurant & lounge inc. is Existing or more than 2 years old

PPP Loan Search / OR / Klamath Falls / King wah restaurant & lounge inc.

KING WAH RESTAURANT & LOUNGE INC.

Date Approved

02/01/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

KING WAH RESTAURANT & LOUNGE INC.

Borrower Address

2765 Pershing Way

Borrower City

Klamath Falls

Borrower State

OR

Borrower Zip

97603-5407

Loan Status Date

06/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

285754.00

Current Approval Amount

285754.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Klamath Falls

Project County Name

KLAMATH

Project State

OR

Project Zip

97603-5407

CD

OR-02

Jobs Reported

30

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

285752.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

289441.40

Forgiveness Date

05/26/2022

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