PPP Loan information for New kang chon restaurant inc.

$98,101

New kang chon restaurant inc. was initially approved for PPP Loan of amount $98,101, the current approved amount is $98,101. The loan was approved on 01/30/2021 by The Bank of America, National Association reported 14 jobs and $98,101 was used to fund payroll.

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

NEW KANG CHON RESTAURANT INC.

Date Approved

01/30/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

NEW KANG CHON RESTAURANT INC.

Borrower Address

5930 Centreville Crest Ln

Borrower City

Centreville

Borrower State

VA

Borrower Zip

20121-2342

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

98101.00

Current Approval Amount

98101.00

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

Centreville

Project County Name

FAIRFAX

Project State

VA

Project Zip

20121-2342

CD

VA-11

Jobs Reported

14

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

98095.00

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

98608.98

Forgiveness Date

08/11/2021

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