PPP Loan information for Chen group inc.

$744,027

Chen group inc. was initially approved for PPP Loan of amount $744,027, the current approved amount is $744,027. The loan was approved on 02/05/2021 by The Georgia's Own Credit Union reported 44 jobs and $744,027 was used to fund payroll.

Chen group inc. is Existing or more than 2 years old

CHEN GROUP INC.

Date Approved

02/05/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

CHEN GROUP INC.

Borrower Address

2524 Cobb Pkwy SE

Borrower City

Smyrna

Borrower State

GA

Borrower Zip

30080-3060

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

744026.50

Current Approval Amount

744026.50

Undisbursed Amount

0.00

Franchise Name

The Juicy Crab

Servicing Lender Location Id

95003

Servicing Lender Name

Georgia's Own Credit Union

Servicing Lender Address

100 Peachtree St, Ste 2800

Servicing Lender City

Atlanta

Servicing Lender State

GA

Servicing Lender Zip

30303-1166

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Smyrna

Project County Name

COBB

Project State

GA

Project Zip

30080-3060

CD

GA-11

Jobs Reported

44

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

744024.50

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

Corporation

Originating Lender Location Id

448440

Originating Lender

Vinings Bank

Originating Lender City

SMYRNA

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

747767.30

Forgiveness Date

08/11/2021

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