PPP Loan information for Washington cathay future center inc

$124,052

Washington cathay future center inc was initially approved for PPP Loan of amount $79,673, the current approved amount is $124,052. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 49 jobs and $124,052 was used to fund payroll.

Washington cathay future center inc is New Business or 2 years or less

WASHINGTON CATHAY FUTURE CENTER INC

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

WASHINGTON CATHAY FUTURE CENTER INC

Borrower Address

9400 KEY WEST AVE STE 100

Borrower City

ROCKVILLE

Borrower State

MD

Borrower Zip

20850-6316

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79673.00

Current Approval Amount

124052.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ROCKVILLE

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20850-6316

CD

MD-08

Jobs Reported

49

NAICS Code

999990

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

124052.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

92935.78

Forgiveness Date

06/17/2021

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