PPP Loan information for New china restaurant

$7,200

New china restaurant was initially approved for PPP Loan of amount $7,200, the current approved amount is $7,200. The loan was approved on 04/15/2020 by The Home State Bank reported 6 jobs and $7,200 was used to fund payroll.

New china restaurant is Existing or more than 2 years old

PPP Loan Search / IA / BOONE / New china restaurant

NEW CHINA RESTAURANT

Date Approved

04/15/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

NEW CHINA RESTAURANT

Borrower Address

716 Story Street

Borrower City

BOONE

Borrower State

IA

Borrower Zip

50036

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7200.00

Current Approval Amount

7200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25122

Servicing Lender Name

Home State Bank

Servicing Lender Address

115 W State St

Servicing Lender City

JEFFERSON

Servicing Lender State

IA

Servicing Lender Zip

50129-1911

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOONE

Project County Name

BOONE

Project State

IA

Project Zip

50036-0001

CD

IA-04

Jobs Reported

6

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

7200.00

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

25122

Originating Lender

Home State Bank

Originating Lender City

JEFFERSON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

7247.93

Forgiveness Date

12/17/2020

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