PPP Loan information for New china restaurant inc.

$42,826

New china restaurant inc. was initially approved for PPP Loan of amount $42,826, the current approved amount is $42,826. The loan was approved on 01/20/2021 by The Bank of America, National Association reported 3 jobs and $42,826 was used to fund payroll.

New china restaurant inc. is Existing or more than 2 years old

PPP Loan Search / MI / Rochester Hills / New china restaurant inc.

NEW CHINA RESTAURANT INC.

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

NEW CHINA RESTAURANT INC.

Borrower Address

687 Parkland Dr

Borrower City

Rochester Hills

Borrower State

MI

Borrower Zip

48307-3453

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42826.00

Current Approval Amount

42826.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rochester Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48307-3453

CD

MI-10

Jobs Reported

3

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

42823.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

43167.43

Forgiveness Date

11/10/2021

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