PPP Loan information for New china restaurant, inc.

$53,600

New china restaurant, inc. was initially approved for PPP Loan of amount $53,600, the current approved amount is $53,600. The loan was approved on 04/04/2020 by The Northern State Bank reported 18 jobs and $53,600 was used to fund payroll.

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

PPP Loan Search / WI / ASHLAND / New china restaurant, inc.

NEW CHINA RESTAURANT, INC.

Date Approved

04/04/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

NEW CHINA RESTAURANT, INC.

Borrower Address

300 W. Lake Shore Drive

Borrower City

ASHLAND

Borrower State

WI

Borrower Zip

54806-1603

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53600.00

Current Approval Amount

53600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75589

Servicing Lender Name

Northern State Bank

Servicing Lender Address

321 W Main St

Servicing Lender City

ASHLAND

Servicing Lender State

WI

Servicing Lender Zip

54806-1611

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ASHLAND

Project County Name

ASHLAND

Project State

WI

Project Zip

54806-1603

CD

WI-07

Jobs Reported

18

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

53600.00

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

75589

Originating Lender

Northern State Bank

Originating Lender City

ASHLAND

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

53960.31

Forgiveness Date

12/09/2020

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