PPP Loan information for New china fair, inc.

$53,157

New china fair, inc. was initially approved for PPP Loan of amount $53,157, the current approved amount is $53,157. The loan was approved on 04/29/2020 by The Honor Bank reported 10 jobs and $53,157 was used to fund payroll.

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

PPP Loan Search / MI / Traverse City / New china fair, inc.

NEW CHINA FAIR, INC.

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NEW CHINA FAIR, INC.

Borrower Address

1357 S Airport Road

Borrower City

Traverse City

Borrower State

MI

Borrower Zip

49686-4760

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53157.00

Current Approval Amount

53157.00

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

N

HLMI Indicator

Y

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

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

747.00

Payroll Proceed

40000.00

Mortgage Interest Proceed

0.00

Rent Proceed

12410.00

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

53811.13

Forgiveness Date

07/22/2021

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