PPP Loan information for New town china express inc.

$24,825

New town china express inc. was initially approved for PPP Loan of amount $24,825, the current approved amount is $24,825. The loan was approved on 01/28/2021 by The Cornerstone Bank reported 3 jobs and $24,825 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

01/28/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

NEW TOWN CHINA EXPRESS INC.

Borrower Address

358 Main St

Borrower City

New Town

Borrower State

ND

Borrower Zip

58763-4001

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

24825.00

Current Approval Amount

24825.00

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

58763-4001

CD

ND-

Jobs Reported

3

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

24819.00

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

52722

Originating Lender

Cornerstone Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24958.09

Forgiveness Date

08/18/2021

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