PPP Loan information for Cheng properties iii llc

$61,817

Cheng properties iii llc was initially approved for PPP Loan of amount $61,817, the current approved amount is $61,817. The loan was approved on 02/04/2021 by The Bank of America, National Association reported 8 jobs and $61,817 was used to fund payroll.

Cheng properties iii llc is Existing or more than 2 years old

PPP Loan Search / DE / Newark / Cheng properties iii llc

CHENG PROPERTIES III LLC

Date Approved

02/04/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

CHENG PROPERTIES III LLC

Borrower Address

314 Christiana Mall

Borrower City

Newark

Borrower State

DE

Borrower Zip

19702-3206

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

61817.00

Current Approval Amount

61817.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19702-3206

CD

DE-

Jobs Reported

8

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

61812.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

62157.42

Forgiveness Date

08/26/2021

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