Date Approved
04/28/2020
SBA Office Code
0914
Processing Method
PPP
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
05/15/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1829000.00
Current Approval Amount
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
Servicing Lender Zip
91101-4525
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Unanswered
Project City
Project County Name
Project State
Project Zip
CD
CA-37
Jobs Reported
114
NAICS Code
424340
Race
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
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
1846832.75
Forgiveness Date
04/21/2021