PPP Loan information for Youdao jincai inc

$40,000

Youdao jincai inc was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 04/29/2020 by The Cadence Bank reported 10 jobs and $40,000 was used to fund payroll.

Youdao jincai inc is New Business or 2 years or less

YOUDAO JINCAI INC

Date Approved

04/29/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

YOUDAO JINCAI INC

Borrower Address

1217 DR M L K JR EXPY

Borrower City

ANDALUSIA

Borrower State

AL

Borrower Zip

36420-3431

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ANDALUSIA

Project County Name

COVINGTON

Project State

AL

Project Zip

36420-3431

CD

AL-02

Jobs Reported

10

NAICS Code

722310

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40000.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40372.22

Forgiveness Date

04/14/2021

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