PPP Loan information for China palace restaurant inc

$55,100

China palace restaurant inc was initially approved for PPP Loan of amount $55,100, the current approved amount is $55,100. The loan was approved on 04/15/2020 by The Dollar Bank, A Federal Savings Bank reported 12 jobs and $55,100 was used to fund payroll.

China palace restaurant inc is Existing or more than 2 years old

CHINA PALACE RESTAURANT INC

Date Approved

04/15/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

CHINA PALACE RESTAURANT INC

Borrower Address

4059 WILLIAM PENN HWY

Borrower City

MONROEVILLE

Borrower State

PA

Borrower Zip

15146-2504

Loan Status Date

05/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55100.00

Current Approval Amount

55100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88967

Servicing Lender Name

Dollar Bank, A Federal Savings Bank

Servicing Lender Address

20 Stanwix Street, 18th Floor

Servicing Lender City

PITTSBURGH

Servicing Lender State

PA

Servicing Lender Zip

15222

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONROEVILLE

Project County Name

ALLEGHENY

Project State

PA

Project Zip

15146-2504

CD

PA-12

Jobs Reported

12

NAICS Code

445310

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55100.00

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

Subchapter S Corporation

Originating Lender Location Id

88967

Originating Lender

Dollar Bank, A Federal Savings Bank

Originating Lender City

PITTSBURGH

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

55658.55

Forgiveness Date

04/21/2021

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