PPP Loan information for Banana king corp

$423,500

Banana king corp was initially approved for PPP Loan of amount $556,700, the current approved amount is $423,500. The loan was approved on 04/15/2020 by The Bank of Hope reported 102 jobs and $423,500 was used to fund payroll.

Banana king corp is Existing or more than 2 years old

BANANA KING CORP

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

BANANA KING CORP

Borrower Address

320 9TH AVE

Borrower City

PATERSON

Borrower State

NJ

Borrower Zip

07514

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

556700.00

Current Approval Amount

423500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

110359

Servicing Lender Name

Bank of Hope

Servicing Lender Address

3200 Wilshire Blvd 1st Fl

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90010

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PATERSON

Project County Name

PASSAIC

Project State

NJ

Project Zip

07514-1001

CD

NJ-09

Jobs Reported

102

NAICS Code

722513

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

423500.00

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

110359

Originating Lender

Bank of Hope

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

362150.34

Forgiveness Date

06/02/2021

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