PPP Loan information for Ming tea inc

$158,252

Ming tea inc was initially approved for PPP Loan of amount $158,252, the current approved amount is $158,252. The loan was approved on 03/20/2021 by The World Trade Finance, Inc. reported 17 jobs and $158,252 was used to fund payroll.

Ming tea inc is Existing or more than 2 years old

MING TEA INC

Date Approved

03/20/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MING TEA INC

Borrower Address

99 Ridgedale Ave

Borrower City

Cedar Knolls

Borrower State

NJ

Borrower Zip

07927-1634

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

158252.36

Current Approval Amount

158252.36

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

204754

Servicing Lender Name

World Trade Finance, Inc.

Servicing Lender Address

811 W. 7th Street 12th Floor

Servicing Lender City

Los Angeles

Servicing Lender State

CA

Servicing Lender Zip

90017

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cedar Knolls

Project County Name

MORRIS

Project State

NJ

Project Zip

07927-1634

CD

NJ-11

Jobs Reported

17

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

158246.36

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

204754

Originating Lender

World Trade Finance, Inc.

Originating Lender City

Los Angeles

Originating Lender State

CA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

159021.64

Forgiveness Date

09/15/2021

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