PPP Loan information for Kwang chow restaurant

$47,500

Kwang chow restaurant was initially approved for PPP Loan of amount $47,500, the current approved amount is $47,500. The loan was approved on 04/30/2020 by The WebBank reported 13 jobs and $47,500 was used to fund payroll.

Kwang chow restaurant is Existing or more than 2 years old

KWANG CHOW RESTAURANT

Date Approved

04/30/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

KWANG CHOW RESTAURANT

Borrower Address

7980 SE King Rd

Borrower City

Milwaukie

Borrower State

OR

Borrower Zip

97222

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47500.00

Current Approval Amount

47500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Milwaukie

Project County Name

CLACKAMAS

Project State

OR

Project Zip

97222-1000

CD

OR-05

Jobs Reported

13

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

47500.00

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

Subchapter S Corporation

Originating Lender Location Id

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

47997.43

Forgiveness Date

05/13/2021

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