CHINESE PALACE (ND) - 2020 PPP Loan Borrower Profile (# 5390978606)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CHINESE PALACE. 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 North Dakota.

Loan Detail

Loan Number

5390978606

SBA Office Code

0875

Processing Method

PPP

Curent Loan Amount

$11,527

Date Loan was Approved

Mar 20, 2021

Amount Forgiven

$11,600.64

Date Loan was Forgiven

Nov 9, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

11,526

Lender

Dacotah Bank

Business Detail

Business Type

Partnership

NAICS

722511

Borrower Location

Valley City, ND

Project Location

Valley City, ND

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.