PPP Loan information for China palace llc

$149,000

China palace llc was initially approved for PPP Loan of amount $149,000, the current approved amount is $149,000. The loan was approved on 04/02/2021 by The Cross River Bank reported 24 jobs and $149,000 was used to fund payroll.

China palace llc is Existing or more than 2 years old

CHINA PALACE LLC

Date Approved

04/02/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CHINA PALACE LLC

Borrower Address

2905 Washtenaw Rd

Borrower City

Ypsilanti

Borrower State

MI

Borrower Zip

48197-1552

Loan Status Date

04/23/2021

Loan Status

Charged Off

Term

37

SBA Guaranty Percentage

100

Initial Approval Amount

149000.00

Current Approval Amount

149000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ypsilanti

Project County Name

WASHTENAW

Project State

MI

Project Zip

48197-1552

CD

MI-06

Jobs Reported

24

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

148998.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;