PPP Loan information for Peking chinese restaurant inc

$55,260

Peking chinese restaurant inc was initially approved for PPP Loan of amount $55,260, the current approved amount is $55,260. The loan was approved on 04/14/2020 by The MidWestOne Bank reported 23 jobs and $55,260 was used to fund payroll.

Peking chinese restaurant inc is Existing or more than 2 years old

PEKING CHINESE RESTAURANT INC

Date Approved

04/14/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

PEKING CHINESE RESTAURANT INC

Borrower Address

1700 PARK AVE

Borrower City

MUSCATINE

Borrower State

IA

Borrower Zip

52761-5469

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55260.00

Current Approval Amount

55260.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MUSCATINE

Project County Name

MUSCATINE

Project State

IA

Project Zip

52761-5469

CD

IA-01

Jobs Reported

23

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5525.45

Payroll Proceed

44209.10

Mortgage Interest Proceed

5525.45

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

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

45483.79

Forgiveness Date

10/16/2020

;