PPP Loan information for New china inc

$53,227

New china inc was initially approved for PPP Loan of amount $53,227, the current approved amount is $53,227. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 9 jobs and $53,227 was used to fund payroll.

New china inc is Existing or more than 2 years old

PPP Loan Search / OR / MEDFORD / New china inc

NEW CHINA INC

Date Approved

05/01/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

NEW CHINA INC

Borrower Address

409 BARNETT RD E

Borrower City

MEDFORD

Borrower State

OR

Borrower Zip

97501

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53227.00

Current Approval Amount

53227.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MEDFORD

Project County Name

JACKSON

Project State

OR

Project Zip

97501-0001

CD

OR-02

Jobs Reported

9

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

53227.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

53871.64

Forgiveness Date

07/15/2021

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