CHINA PALACE PRIVATE INC (KS) - 2020 PPP Loan Borrower Profile (# 2141538402)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CHINA PALACE PRIVATE INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Kansas.

Loan Detail

Loan Number

2141538402

SBA Office Code

0709

Processing Method

PPP

Curent Loan Amount

$38,000

Date Loan was Approved

Feb 3, 2021

Amount Forgiven

$38,249.11

Date Loan was Forgiven

Oct 6, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

37,996

Lender

Great Southern Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

722511

Borrower Location

Iola, KS

Project Location

Iola, KS

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.