PPP Loan information for Wan hao restaurant inc

$582,795

Wan hao restaurant inc was initially approved for PPP Loan of amount $582,795, the current approved amount is $582,795. The loan was approved on 04/27/2020 by The New Millennium Bank reported 105 jobs and $582,795 was used to fund payroll.

Wan hao restaurant inc is Existing or more than 2 years old

PPP Loan Search / NY / FLUSHING / Wan hao restaurant inc

WAN HAO RESTAURANT INC

Date Approved

04/27/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

WAN HAO RESTAURANT INC

Borrower Address

13620 ROOSEVELT AVENUE STE 113

Borrower City

FLUSHING

Borrower State

NY

Borrower Zip

11354-5665

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

582794.67

Current Approval Amount

582794.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124112

Servicing Lender Name

New Millennium Bank

Servicing Lender Address

222 Bridge Plz South, Ste 400

Servicing Lender City

FORT LEE

Servicing Lender State

NJ

Servicing Lender Zip

07024-5730

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FLUSHING

Project County Name

QUEENS

Project State

NY

Project Zip

11354-5665

CD

NY-06

Jobs Reported

105

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

29139.73

Payroll Proceed

466235.74

Mortgage Interest Proceed

0.00

Rent Proceed

87419.20

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

124112

Originating Lender

New Millennium Bank

Originating Lender City

FORT LEE

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

590075.61

Forgiveness Date

08/04/2021

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