PPP Loan information for Ri sheng inc

$35,000

Ri sheng inc was initially approved for PPP Loan of amount $35,000, the current approved amount is $35,000. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 80 jobs and $35,000 was used to fund payroll.

Ri sheng inc is New Business or 2 years or less

RI SHENG INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RI SHENG INC

Borrower Address

413 BLOOMFIELD AVE

Borrower City

MONTCLAIR

Borrower State

NJ

Borrower Zip

07042

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

35000.00

Current Approval Amount

35000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MONTCLAIR

Project County Name

ESSEX

Project State

NJ

Project Zip

07042-0091

CD

NJ-11

Jobs Reported

80

NAICS Code

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

26250.00

Mortgage Interest Proceed

0.00

Rent Proceed

7750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20201.99

Forgiveness Date

05/10/2021

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