PPP Loan information for Chosun galbee restaurant inc

$1,038,600

Chosun galbee restaurant inc was initially approved for PPP Loan of amount $1,038,600, the current approved amount is $1,038,600. The loan was approved on 02/06/2021 by The Commonwealth Business Bank reported 64 jobs and $1,038,600 was used to fund payroll.

Chosun galbee restaurant inc is Existing or more than 2 years old

PPP Loan Search / CA / Los Angeles / Chosun galbee restaurant inc

CHOSUN GALBEE RESTAURANT INC

Date Approved

02/06/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

CHOSUN GALBEE RESTAURANT INC

Borrower Address

3330 W Olympic Blvd

Borrower City

Los Angeles

Borrower State

CA

Borrower Zip

90019-2320

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1038600.00

Current Approval Amount

1038600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

433717

Servicing Lender Name

Commonwealth Business Bank

Servicing Lender Address

3435 Wilshire Blvd, Ste 700

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90010-2036

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Los Angeles

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90019-2320

CD

CA-34

Jobs Reported

64

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1038594.00

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

433717

Originating Lender

Commonwealth Business Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1046652.71

Forgiveness Date

11/19/2021

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