PPP Loan information for Paul cheng

$63,003

Paul cheng was initially approved for PPP Loan of amount $63,003, the current approved amount is $63,003. The loan was approved on 04/27/2020 by The Summit Community Bank, Inc. reported 7 jobs and $63,003 was used to fund payroll.

Paul cheng is Existing or more than 2 years old

PPP Loan Search / DE / LEWES / Paul cheng

PAUL CHENG

Date Approved

04/27/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

PAUL CHENG

Borrower Address

119 2ND ST

Borrower City

LEWES

Borrower State

DE

Borrower Zip

19958-1356

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63002.50

Current Approval Amount

63002.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEWES

Project County Name

SUSSEX

Project State

DE

Project Zip

19958-1356

CD

DE-

Jobs Reported

7

NAICS Code

448310

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

63002.50

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

Sole Proprietorship

Originating Lender Location Id

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63413.77

Forgiveness Date

12/23/2020

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