PPP Loan information for Asian buffet of chippewa inc

$48,300

Asian buffet of chippewa inc was initially approved for PPP Loan of amount $48,300, the current approved amount is $48,300. The loan was approved on 04/09/2020 by The Old Mission Bank reported 6 jobs and $48,300 was used to fund payroll.

Asian buffet of chippewa inc is Existing or more than 2 years old

PPP Loan Search / MI / SAULT SAINTE MARIE / Asian buffet of chippewa inc

ASIAN BUFFET OF CHIPPEWA INC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ASIAN BUFFET OF CHIPPEWA INC

Borrower Address

2644 I-75 Business Spur

Borrower City

SAULT SAINTE MARIE

Borrower State

MI

Borrower Zip

49783-3514

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48300.00

Current Approval Amount

48300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124185

Servicing Lender Name

Old Mission Bank

Servicing Lender Address

2701 I-75 Business Spur

Servicing Lender City

SAULT SAINTE MARIE

Servicing Lender State

MI

Servicing Lender Zip

49783

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAULT SAINTE MARIE

Project County Name

CHIPPEWA

Project State

MI

Project Zip

49783-3514

CD

MI-01

Jobs Reported

6

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6037.50

Payroll Proceed

36225.00

Mortgage Interest Proceed

6037.50

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

124185

Originating Lender

Old Mission Bank

Originating Lender City

SAULT SAINTE MARIE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48773.61

Forgiveness Date

03/30/2021

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