PPP Loan information for Chengs, inc.

$43,300

Chengs, inc. was initially approved for PPP Loan of amount $43,300, the current approved amount is $43,300. The loan was approved on 04/15/2020 by The City Bank reported 16 jobs and $43,300 was used to fund payroll.

Chengs, inc. is Existing or more than 2 years old

CHENGS, INC.

Date Approved

04/15/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

CHENGS, INC.

Borrower Address

2913 SUDDERTH DR

Borrower City

RUIDOSO

Borrower State

NM

Borrower Zip

88345-6321

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

43300.00

Current Approval Amount

43300.00

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

88345-6321

CD

NM-01

Jobs Reported

16

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4330.00

Payroll Proceed

34640.00

Mortgage Interest Proceed

0.00

Rent Proceed

4330.00

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

43693.31

Forgiveness Date

03/11/2021

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