PPP Loan information for Kung fu tea inc

$91,514

Kung fu tea inc was initially approved for PPP Loan of amount $91,514, the current approved amount is $91,514. The loan was approved on 02/03/2021 by The Bank of America, National Association reported 7 jobs and $91,514 was used to fund payroll.

Kung fu tea inc is Existing or more than 2 years old

KUNG FU TEA INC

Date Approved

02/03/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

KUNG FU TEA INC

Borrower Address

131 Harvard Ave

Borrower City

Allston

Borrower State

MA

Borrower Zip

02134-2702

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

91514.00

Current Approval Amount

91514.00

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

Existing or more than 2 years old

Project City

Allston

Project County Name

SUFFOLK

Project State

MA

Project Zip

02134-2702

CD

MA-07

Jobs Reported

7

NAICS Code

722515

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

91512.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

91982.85

Forgiveness Date

08/11/2021

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