PPP Loan information for Cheng investments, inc.

$70,829

Cheng investments, inc. was initially approved for PPP Loan of amount $70,829, the current approved amount is $70,829. The loan was approved on 02/14/2021 by The PNC Bank, National Association reported 23 jobs and $70,829 was used to fund payroll.

Cheng investments, inc. is Existing or more than 2 years old

CHENG INVESTMENTS, INC.

Date Approved

02/14/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

CHENG INVESTMENTS, INC.

Borrower Address

31 Emerson Plz E 31 Emerson Plz E

Borrower City

Emerson

Borrower State

NJ

Borrower Zip

07630-1823

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70829.00

Current Approval Amount

70829.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Emerson

Project County Name

BERGEN

Project State

NJ

Project Zip

07630-1823

CD

NJ-05

Jobs Reported

23

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

70824.00

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

Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

71492.04

Forgiveness Date

01/21/2022

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