PPP Loan information for China royal of red wing inc.

$52,045

China royal of red wing inc. was initially approved for PPP Loan of amount $52,045, the current approved amount is $52,045. The loan was approved on 01/20/2021 by The The First State Bank of Red Wing reported 6 jobs and $52,045 was used to fund payroll.

China royal of red wing inc. is Existing or more than 2 years old

PPP Loan Search / MN / Red Wing / China royal of red wing inc.

CHINA ROYAL OF RED WING INC.

Date Approved

01/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

CHINA ROYAL OF RED WING INC.

Borrower Address

3251 S Service Dr

Borrower City

Red Wing

Borrower State

MN

Borrower Zip

55066-1821

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52045.00

Current Approval Amount

52045.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38775

Servicing Lender Name

The First State Bank of Red Wing

Servicing Lender Address

3209 S Service Dr

Servicing Lender City

RED WING

Servicing Lender State

MN

Servicing Lender Zip

55066-1881

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Red Wing

Project County Name

GOODHUE

Project State

MN

Project Zip

55066-1821

CD

MN-01

Jobs Reported

6

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

52043.00

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

Corporation

Originating Lender Location Id

38775

Originating Lender

The First State Bank of Red Wing

Originating Lender City

RED WING

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

52603.04

Forgiveness Date

02/17/2022

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