PPP Loan information for China buffet

$11,800

China buffet was initially approved for PPP Loan of amount $11,800, the current approved amount is $11,800. The loan was approved on 05/15/2020 by The Peoples Independent Bank reported 4 jobs and $11,800 was used to fund payroll.

China buffet is New Business or 2 years or less

CHINA BUFFET

Date Approved

05/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

CHINA BUFFET

Borrower Address

2044 US HIGHWAY 431 Suite H

Borrower City

BOAZ

Borrower State

AL

Borrower Zip

35957-5978

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

11800.00

Current Approval Amount

11800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112423

Servicing Lender Name

Peoples Independent Bank

Servicing Lender Address

121 Billy B Dyar Blvd

Servicing Lender City

BOAZ

Servicing Lender State

AL

Servicing Lender Zip

35957

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BOAZ

Project County Name

MARSHALL

Project State

AL

Project Zip

35957-5978

CD

AL-04

Jobs Reported

4

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

280.00

Payroll Proceed

9440.00

Mortgage Interest Proceed

0.00

Rent Proceed

2080.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

112423

Originating Lender

Peoples Independent Bank

Originating Lender City

BOAZ

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

11877.36

Forgiveness Date

01/07/2021

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