Date Approved
06/17/2020
SBA Office Code
0299
Processing Method
PPP
Borrower Name
CHERRY HILL BUBBLE TEA INC.
Borrower Address
826 HADDONFIELD RD
Borrower City
CHERRY HILL
Borrower State
NJ
Borrower Zip
08002-2691
Loan Status Date
07/14/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
19129.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Kung Fu Tea
Servicing Lender Location Id
123090
Servicing Lender Name
Asian Bank
Servicing Lender Address
1023 Race 2nd Floor
Servicing Lender City
PHILADELPHIA
Servicing Lender State
PA
Servicing Lender Zip
19107-1803
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CAMDEN
Project State
Project Zip
CD
NJ-01
Jobs Reported
7
NAICS Code
722515
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1629.00
Payroll Proceed
14500.00
Mortgage Interest Proceed
Rent Proceed
3000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
19310.86
Forgiveness Date
06/09/2021