PPP Loan information for New china fair inc.

$74,421

New china fair inc. was initially approved for PPP Loan of amount $74,421, the current approved amount is $74,421. The loan was approved on 04/28/2021 by The Honor Bank reported 10 jobs and $74,421 was used to fund payroll.

New china fair inc. is Existing or more than 2 years old

NEW CHINA FAIR INC.

Date Approved

04/28/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

NEW CHINA FAIR INC.

Borrower Address

1357 W South Airport Rd

Borrower City

Traverse City

Borrower State

MI

Borrower Zip

49686-4760

Loan Status Date

05/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

74421.00

Current Approval Amount

74421.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35331

Servicing Lender Name

Honor Bank

Servicing Lender Address

2254 Henry St

Servicing Lender City

HONOR

Servicing Lender State

MI

Servicing Lender Zip

49640-9407

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Traverse City

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49686-4760

CD

MI-01

Jobs Reported

10

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

74418.00

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

Subchapter S Corporation

Originating Lender Location Id

35331

Originating Lender

Honor Bank

Originating Lender City

HONOR

Originating Lender State

MI

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

75190.02

Forgiveness Date

05/09/2022

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