PPP Loan information for Cels enterprises inc. dba: chinese laundry

$1,829,097

Cels enterprises inc. dba: chinese laundry was initially approved for PPP Loan of amount $1,829,097, the current approved amount is $1,829,097. The loan was approved on 01/16/2021 by The East West Bank reported 114 jobs and $1,829,097 was used to fund payroll.

Cels enterprises inc. dba: chinese laundry is Existing or more than 2 years old

CELS ENTERPRISES INC. DBA: CHINESE LAUNDRY

Date Approved

01/16/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

CELS ENTERPRISES INC. DBA: CHINESE LAUNDRY

Borrower Address

3485 S La Cienega Blvd

Borrower City

Los Angeles

Borrower State

CA

Borrower Zip

90016-4409

Loan Status Date

03/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1829097.00

Current Approval Amount

1829097.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119918

Servicing Lender Name

East West Bank

Servicing Lender Address

135 N Los Robles Ave, 7th Fl

Servicing Lender City

PASADENA

Servicing Lender State

CA

Servicing Lender Zip

91101-4525

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Los Angeles

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90016-4409

CD

CA-37

Jobs Reported

114

NAICS Code

423990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1829091.00

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

Subchapter S Corporation

Originating Lender Location Id

119918

Originating Lender

East West Bank

Originating Lender City

PASADENA

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1848759.79

Forgiveness Date

02/14/2022

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