PPP Loan information for Chinese culture and community service center inc

$755,000

Chinese culture and community service center inc was initially approved for PPP Loan of amount $755,000, the current approved amount is $755,000. The loan was approved on 04/29/2020 by The Truist Bank reported 105 jobs and $755,000 was used to fund payroll.

Chinese culture and community service center inc is Existing or more than 2 years old

CHINESE CULTURE AND COMMUNITY SERVICE CENTER INC

Date Approved

04/29/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

CHINESE CULTURE AND COMMUNITY SERVICE CENTER INC

Borrower Address

9366 Gaither Road

Borrower City

Gaithersburg

Borrower State

MD

Borrower Zip

20877

Loan Status Date

03/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

755000.00

Current Approval Amount

755000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gaithersburg

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20877-1000

CD

MD-08

Jobs Reported

105

NAICS Code

624190

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

755000.00

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

Non-Profit Organization

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

749283.75

Forgiveness Date

12/02/2020

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