PPP Loan information for Chu corporation

$41,800

Chu corporation was initially approved for PPP Loan of amount $41,800, the current approved amount is $41,800. The loan was approved on 04/13/2021 by The Readycap Lending, LLC reported 10 jobs and $41,800 was used to fund payroll.

Chu corporation is Existing or more than 2 years old

CHU CORPORATION

Date Approved

04/13/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

CHU CORPORATION

Borrower Address

605 Solomons Island Rd N

Borrower City

Prince Frederick

Borrower State

MD

Borrower Zip

20678-3915

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41800.00

Current Approval Amount

41800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Prince Frederick

Project County Name

CALVERT

Project State

MD

Project Zip

20678-3915

CD

MD-05

Jobs Reported

10

NAICS Code

812320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

41798.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42017.59

Forgiveness Date

11/05/2021

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