Date Approved
01/30/2021
SBA Office Code
0101
Processing Method
PPS
Borrower Name
HONG YI GROUP INC
Borrower Address
58 Apex Dr Ste A
Borrower City
Marlborough
Borrower State
MA
Borrower Zip
01752-1897
Loan Status Date
01/08/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
85127.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
526572
Servicing Lender Name
New Valley Bank & Trust
Servicing Lender Address
One Monarch Place Suite 910
Servicing Lender City
Springfield
Servicing Lender State
Servicing Lender Zip
01144
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MIDDLESEX
Project State
Project Zip
CD
MA-03
Jobs Reported
9
NAICS Code
722511
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
85126.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
85877.98
Forgiveness Date
12/27/2021