PPP Loan information for Canton palace li f corp

$52,941

Canton palace li f corp was initially approved for PPP Loan of amount $52,941, the current approved amount is $52,941. The loan was approved on 02/04/2021 by The Customers Bank reported 14 jobs and $52,941 was used to fund payroll.

Canton palace li f corp is Existing or more than 2 years old

CANTON PALACE LI F CORP

Date Approved

02/04/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

CANTON PALACE LI F CORP

Borrower Address

216 W Main St

Borrower City

Somerville

Borrower State

NJ

Borrower Zip

08876-2810

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52941.00

Current Approval Amount

52941.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somerville

Project County Name

SOMERSET

Project State

NJ

Project Zip

08876-2810

CD

NJ-07

Jobs Reported

14

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

52936.00

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

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

53264.45

Forgiveness Date

09/17/2021

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