PPP Loan information for Cathay institute inc

$47,590

Cathay institute inc was initially approved for PPP Loan of amount $47,590, the current approved amount is $47,590. The loan was approved on 02/04/2021 by The JPMorgan Chase Bank, National Association reported 9 jobs and $47,590 was used to fund payroll.

Cathay institute inc is Existing or more than 2 years old

CATHAY INSTITUTE INC

Date Approved

02/04/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

CATHAY INSTITUTE INC

Borrower Address

338 Grove St

Borrower City

Jersey City

Borrower State

NJ

Borrower Zip

07302-5929

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

47590.00

Current Approval Amount

47590.00

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

Existing or more than 2 years old

Project City

Jersey City

Project County Name

HUDSON

Project State

NJ

Project Zip

07302-5929

CD

NJ-08

Jobs Reported

9

NAICS Code

611699

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

47589.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

47968.29

Forgiveness Date

11/26/2021

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