PPP Loan information for Cheng enterprises inc

$18,900

Cheng enterprises inc was initially approved for PPP Loan of amount $18,900, the current approved amount is $18,900. The loan was approved on 05/01/2020 by The Customers Bank reported 7 jobs and $18,900 was used to fund payroll.

Cheng enterprises inc is Existing or more than 2 years old

CHENG ENTERPRISES INC

Date Approved

05/01/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

CHENG ENTERPRISES INC

Borrower Address

7705 North Oracle Road Suite #101

Borrower City

Oro Valley

Borrower State

AZ

Borrower Zip

85704

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18900.00

Current Approval Amount

18900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Oro Valley

Project County Name

PIMA

Project State

AZ

Project Zip

85704-0001

CD

AZ-06

Jobs Reported

7

NAICS Code

722515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

18900.00

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

Sole Proprietorship

Originating Lender Location Id

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

19034.63

Forgiveness Date

01/25/2021

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