PPP Loan information for Chengs inc.

$60,728

Chengs inc. was initially approved for PPP Loan of amount $60,728, the current approved amount is $60,728. The loan was approved on 01/27/2021 by The City Bank reported 10 jobs and $60,728 was used to fund payroll.

Chengs inc. is Existing or more than 2 years old

PPP Loan Search / NM / Ruidoso / Chengs inc.

CHENGS INC.

Date Approved

01/27/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

CHENGS INC.

Borrower Address

2913 Sudderth Dr

Borrower City

Ruidoso

Borrower State

NM

Borrower Zip

88345-6323

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

60727.80

Current Approval Amount

60727.80

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71330

Servicing Lender Name

City Bank

Servicing Lender Address

5219 City Bank Pkwy

Servicing Lender City

LUBBOCK

Servicing Lender State

TX

Servicing Lender Zip

79407-3544

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ruidoso

Project County Name

LINCOLN

Project State

NM

Project Zip

88345-6323

CD

NM-01

Jobs Reported

10

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

60723.80

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

Subchapter S Corporation

Originating Lender Location Id

71330

Originating Lender

City Bank

Originating Lender City

LUBBOCK

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61259.17

Forgiveness Date

12/14/2021

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