PPP Loan information for China buffet usa inc

$37,500

China buffet usa inc was initially approved for PPP Loan of amount $37,500, the current approved amount is $37,500. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 60 jobs and $37,500 was used to fund payroll.

China buffet usa inc is New Business or 2 years or less

PPP Loan Search / MI / IMLAY CITY / China buffet usa inc

CHINA BUFFET USA INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CHINA BUFFET USA INC

Borrower Address

1779 S CEDAR ST

Borrower City

IMLAY CITY

Borrower State

MI

Borrower Zip

48444

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37500.00

Current Approval Amount

37500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

IMLAY CITY

Project County Name

LAPEER

Project State

MI

Project Zip

48444-0001

CD

MI-09

Jobs Reported

60

NAICS Code

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

16988.00

Payroll Proceed

15000.00

Mortgage Interest Proceed

0.00

Rent Proceed

4512.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37839.94

Forgiveness Date

03/31/2021

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