PPP Loan information for China palace, llc

$113,280

China palace, llc was initially approved for PPP Loan of amount $113,280, the current approved amount is $113,280. The loan was approved on 06/08/2020 by The JPMorgan Chase Bank, National Association reported 30 jobs and $113,280 was used to fund payroll.

China palace, llc is New Business or 2 years or less

CHINA PALACE, LLC

Date Approved

06/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CHINA PALACE, LLC

Borrower Address

2905 WASHTENAW RD

Borrower City

YPSILANTI

Borrower State

MI

Borrower Zip

48197

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

113280.00

Current Approval Amount

113280.00

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

YPSILANTI

Project County Name

WASHTENAW

Project State

MI

Project Zip

48197-0001

CD

MI-06

Jobs Reported

30

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

90624.00

Mortgage Interest Proceed

0.00

Rent Proceed

22656.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

114436.40

Forgiveness Date

06/30/2021

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