PPP Loan information for Chen's restaurant inc

$30,450

Chen's restaurant inc was initially approved for PPP Loan of amount $30,450, the current approved amount is $30,450. The loan was approved on 01/30/2021 by The Regions Bank reported 8 jobs and $30,450 was used to fund payroll.

Chen's restaurant inc is Existing or more than 2 years old

CHEN'S RESTAURANT INC

Date Approved

01/30/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

CHEN'S RESTAURANT INC

Borrower Address

3903 Pepperell Pkwy

Borrower City

Opelika

Borrower State

AL

Borrower Zip

36801-6047

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

30450.00

Current Approval Amount

30450.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Opelika

Project County Name

LEE

Project State

AL

Project Zip

36801-6047

CD

AL-03

Jobs Reported

8

NAICS Code

722514

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

30444.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

30572.63

Forgiveness Date

07/08/2021

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