PPP Loan information for Asia palace inc

$80,500

Asia palace inc was initially approved for PPP Loan of amount $80,500, the current approved amount is $80,500. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 13 jobs and $80,500 was used to fund payroll.

Asia palace inc is Existing or more than 2 years old

ASIA PALACE INC

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ASIA PALACE INC

Borrower Address

442 Salem St

Borrower City

Medford

Borrower State

MA

Borrower Zip

02155

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80500.00

Current Approval Amount

80500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Medford

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02155-0001

CD

MA-05

Jobs Reported

13

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

80500.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

81042.55

Forgiveness Date

12/30/2020

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