PPP Loan information for Hong yi group inc

$85,127

Hong yi group inc was initially approved for PPP Loan of amount $85,127, the current approved amount is $85,127. The loan was approved on 01/30/2021 by The New Valley Bank & Trust reported 9 jobs and $85,127 was used to fund payroll.

Hong yi group inc is Existing or more than 2 years old

HONG YI GROUP INC

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

85127.00

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

MA

Servicing Lender Zip

01144

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marlborough

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01752-1897

CD

MA-03

Jobs Reported

9

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

85126.00

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

526572

Originating Lender

New Valley Bank & Trust

Originating Lender City

Springfield

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85877.98

Forgiveness Date

12/27/2021

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