Date Approved
05/28/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
NEW CHINA BUFFET KING INC.
Borrower Address
1192 US 31 North
Borrower City
Petoskey
Borrower State
MI
Borrower Zip
49770-9346
Loan Status Date
02/24/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
49200.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
35298
Servicing Lender Name
First Community Bank
Servicing Lender Address
200 E Main St
Servicing Lender City
HARBOR SPRINGS
Servicing Lender State
Servicing Lender Zip
49740-1512
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
EMMET
Project State
Project Zip
CD
MI-01
Jobs Reported
7
NAICS Code
722511
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
49492.47
Forgiveness Date
01/06/2021