PPP Loan information for Cheng brothers llc

$287,942

Cheng brothers llc was initially approved for PPP Loan of amount $287,942, the current approved amount is $287,942. The loan was approved on 01/30/2021 by The LendingClub Bank, National Association reported 51 jobs and $287,942 was used to fund payroll.

Cheng brothers llc is Existing or more than 2 years old

PPP Loan Search / MA / Springfield / Cheng brothers llc

CHENG BROTHERS LLC

Date Approved

01/30/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

CHENG BROTHERS LLC

Borrower Address

436 Parker St

Borrower City

Springfield

Borrower State

MA

Borrower Zip

01129-1028

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

287942.00

Current Approval Amount

287942.00

Undisbursed Amount

0.00

Franchise Name

Golden Corral

Servicing Lender Location Id

111901

Servicing Lender Name

LendingClub Bank, National Association

Servicing Lender Address

2701 N Thanksgiving Way

Servicing Lender City

LEHI

Servicing Lender State

UT

Servicing Lender Zip

84043

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Springfield

Project County Name

HAMPDEN

Project State

MA

Project Zip

01129-1028

CD

MA-01

Jobs Reported

51

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

287937.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

111901

Originating Lender

LendingClub Bank, National Association

Originating Lender City

LEHI

Originating Lender State

UT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

289781.63

Forgiveness Date

09/22/2021

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