PPP Loan information for Heng wing restaurant, inc.

$149,325

Heng wing restaurant, inc. was initially approved for PPP Loan of amount $149,325, the current approved amount is $149,325. The loan was approved on 05/28/2020 by The Cornerstone National Bank & Trust Company reported 35 jobs and $149,325 was used to fund payroll.

Heng wing restaurant, inc. is Existing or more than 2 years old

PPP Loan Search / IL / PALATINE / Heng wing restaurant, inc.

HENG WING RESTAURANT, INC.

Date Approved

05/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

HENG WING RESTAURANT, INC.

Borrower Address

121 W. Palatine Rd.

Borrower City

PALATINE

Borrower State

IL

Borrower Zip

60067-5103

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

149325.00

Current Approval Amount

149325.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203014

Servicing Lender Name

Cornerstone National Bank & Trust Company

Servicing Lender Address

One W Northwest Hwy

Servicing Lender City

PALATINE

Servicing Lender State

IL

Servicing Lender Zip

60067-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PALATINE

Project County Name

COOK

Project State

IL

Project Zip

60067-5103

CD

IL-05

Jobs Reported

35

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7466.25

Payroll Proceed

141858.75

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

Subchapter S Corporation

Originating Lender Location Id

203014

Originating Lender

Cornerstone National Bank & Trust Company

Originating Lender City

PALATINE

Originating Lender State

IL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

150453.23

Forgiveness Date

03/03/2021

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