PPP Loan information for Shannon chao inc

$145,915

Shannon chao inc was initially approved for PPP Loan of amount $145,915, the current approved amount is $145,915. The loan was approved on 05/02/2020 by The Celtic Bank Corporation reported 9 jobs and $145,915 was used to fund payroll.

Shannon chao inc is Existing or more than 2 years old

PPP Loan Search / GA / Decatur / Shannon chao inc

SHANNON CHAO INC

Date Approved

05/02/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

SHANNON CHAO INC

Borrower Address

4525 Glenwood Road

Borrower City

Decatur

Borrower State

GA

Borrower Zip

30032

Loan Status Date

11/20/2021

Loan Status

Charged Off

Term

5

SBA Guaranty Percentage

100

Initial Approval Amount

145915.00

Current Approval Amount

145915.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Decatur

Project County Name

DEKALB

Project State

GA

Project Zip

30032-1000

CD

GA-04

Jobs Reported

9

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18239.38

Payroll Proceed

109436.24

Mortgage Interest Proceed

0.00

Rent Proceed

18239.38

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;