750 ASIA CAFE INC (VA) - 2020 PPP Loan Borrower Profile (# 1237897409)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 750 ASIA CAFE 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 Virginia.

Loan Detail

Loan Number

1237897409

SBA Office Code

0304

Processing Method

PPP

Curent Loan Amount

$41,607.95

Date Loan was Approved

May 4, 2020

Amount Forgiven

$41,895.74

Date Loan was Forgiven

Jan 19, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

41,607.95

Lender

New Peoples Bank, Inc.

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

NORTON, VA

Project Location

NORTON, VA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.