PPP Loan information for New town china express inc

$17,700

New town china express inc was initially approved for PPP Loan of amount $17,700, the current approved amount is $17,700. The loan was approved on 05/07/2020 by The Cornerstone Bank reported 3 jobs and $17,700 was used to fund payroll.

New town china express inc is Existing or more than 2 years old

PPP Loan Search / ND / NEW TOWN / New town china express inc

NEW TOWN CHINA EXPRESS INC

Date Approved

05/07/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

NEW TOWN CHINA EXPRESS INC

Borrower Address

358 Main St

Borrower City

NEW TOWN

Borrower State

ND

Borrower Zip

58763-9999

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

17700.00

Current Approval Amount

17700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52722

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

2280 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8785

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW TOWN

Project County Name

MOUNTRAIL

Project State

ND

Project Zip

58763-9999

CD

ND-

Jobs Reported

3

NAICS Code

722513

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

425.00

Payroll Proceed

13275.00

Mortgage Interest Proceed

0.00

Rent Proceed

4000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

52722

Originating Lender

Cornerstone Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

17823.90

Forgiveness Date

01/25/2021

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