PPP Loan information for Xing fu tang inc

$131,071

Xing fu tang inc was initially approved for PPP Loan of amount $131,071, the current approved amount is $131,071. The loan was approved on 05/05/2021 by The Amerasia Bank reported 15 jobs and $131,071 was used to fund payroll.

Xing fu tang inc is Existing or more than 2 years old

XING FU TANG INC

Date Approved

05/05/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

XING FU TANG INC

Borrower Address

4052 Main St

Borrower City

Flushing

Borrower State

NY

Borrower Zip

11354-5523

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

131070.59

Current Approval Amount

131070.59

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112305

Servicing Lender Name

Amerasia Bank

Servicing Lender Address

41-06 Main St

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

11355-3133

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Flushing

Project County Name

QUEENS

Project State

NY

Project Zip

11354-5523

CD

NY-06

Jobs Reported

15

NAICS Code

722515

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

131064.59

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

112305

Originating Lender

Amerasia Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

131997.06

Forgiveness Date

01/25/2022

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