PPP Loan information for King's queen palance restaurant inc

$70,480

King's queen palance restaurant inc was initially approved for PPP Loan of amount $70,480, the current approved amount is $70,480. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 6 jobs and $70,480 was used to fund payroll.

King's queen palance restaurant inc is New Business or 2 years or less

PPP Loan Search / NJ / NEWARK / King's queen palance restaurant inc

KING'S QUEEN PALANCE RESTAURANT INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

KING'S QUEEN PALANCE RESTAURANT INC

Borrower Address

327 LYONS AVE

Borrower City

NEWARK

Borrower State

NJ

Borrower Zip

07112-1477

Loan Status Date

06/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70480.00

Current Approval Amount

70480.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

NEWARK

Project County Name

ESSEX

Project State

NJ

Project Zip

07112-1477

CD

NJ-10

Jobs Reported

6

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

70480.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41254.72

Forgiveness Date

08/05/2021

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