PPP Loan information for New china restaurant of searcy inc

$34,777

New china restaurant of searcy inc was initially approved for PPP Loan of amount $34,777, the current approved amount is $34,777. The loan was approved on 03/17/2021 by The Simmons Bank reported 8 jobs and $34,777 was used to fund payroll.

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

NEW CHINA RESTAURANT OF SEARCY INC

Date Approved

03/17/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

NEW CHINA RESTAURANT OF SEARCY INC

Borrower Address

2625 E Race Ave

Borrower City

Searcy

Borrower State

AR

Borrower Zip

72143-4774

Loan Status Date

03/03/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

34776.94

Current Approval Amount

34776.94

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Searcy

Project County Name

WHITE

Project State

AR

Project Zip

72143-4774

CD

AR-02

Jobs Reported

8

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

34775.94

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

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

34981.74

Forgiveness Date

10/26/2021

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