PPP Loan information for New china buffet of monticello inc

$58,000

New china buffet of monticello inc was initially approved for PPP Loan of amount $58,000, the current approved amount is $58,000. The loan was approved on 06/17/2020 by The CorTrust Bank National Association reported 13 jobs and $58,000 was used to fund payroll.

New china buffet of monticello inc is Existing or more than 2 years old

PPP Loan Search / MN / MONTICELLO / New china buffet of monticello inc

NEW CHINA BUFFET OF MONTICELLO INC

Date Approved

06/17/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NEW CHINA BUFFET OF MONTICELLO INC

Borrower Address

9301 CEDAR ST

Borrower City

MONTICELLO

Borrower State

MN

Borrower Zip

55362-4522

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

58000.00

Current Approval Amount

58000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66414

Servicing Lender Name

CorTrust Bank National Association

Servicing Lender Address

100 E Havens Ave

Servicing Lender City

MITCHELL

Servicing Lender State

SD

Servicing Lender Zip

57301-4026

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTICELLO

Project County Name

WRIGHT

Project State

MN

Project Zip

55362-4522

CD

MN-06

Jobs Reported

13

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

58000.00

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

Sole Proprietorship

Originating Lender Location Id

66414

Originating Lender

CorTrust Bank National Association

Originating Lender City

MITCHELL

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

58354.36

Forgiveness Date

01/28/2021

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