PPP Loan information for Zhangs restaurant inc

$52,905

Zhangs restaurant inc was initially approved for PPP Loan of amount $52,905, the current approved amount is $52,905. The loan was approved on 05/01/2020 by The Celtic Bank Corporation reported 10 jobs and $52,905 was used to fund payroll.

Zhangs restaurant inc is Existing or more than 2 years old

ZHANGS RESTAURANT INC

Date Approved

05/01/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

ZHANGS RESTAURANT INC

Borrower Address

455 Boston Post Road

Borrower City

Old Saybrook

Borrower State

CT

Borrower Zip

06475

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52905.00

Current Approval Amount

52905.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Old Saybrook

Project County Name

MIDDLESEX

Project State

CT

Project Zip

06475-0001

CD

CT-02

Jobs Reported

10

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

13226.25

Payroll Proceed

39678.75

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

Sole Proprietorship

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

53402.16

Forgiveness Date

04/13/2021

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