PPP Loan information for 750 asia cafe inc

$41,608

750 asia cafe inc was initially approved for PPP Loan of amount $41,608, the current approved amount is $41,608. The loan was approved on 05/04/2020 by The New Peoples Bank, Inc. reported 12 jobs and $41,608 was used to fund payroll.

750 asia cafe inc is New Business or 2 years or less

750 ASIA CAFE INC

Date Approved

05/04/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

750 ASIA CAFE INC

Borrower Address

750 COMMONWEALTH DR

Borrower City

NORTON

Borrower State

VA

Borrower Zip

24273-4051

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41607.95

Current Approval Amount

41607.95

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123348

Servicing Lender Name

New Peoples Bank, Inc.

Servicing Lender Address

53 Commerce Dr

Servicing Lender City

HONAKER

Servicing Lender State

VA

Servicing Lender Zip

24260

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

NORTON

Project County Name

NORTON CITY

Project State

VA

Project Zip

24273-4051

CD

VA-09

Jobs Reported

12

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41607.95

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

123348

Originating Lender

New Peoples Bank, Inc.

Originating Lender City

HONAKER

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41895.74

Forgiveness Date

01/19/2021

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