PPP Loan information for Chen group inc.

$531,400

Chen group inc. was initially approved for PPP Loan of amount $531,400, the current approved amount is $531,400. The loan was approved on 04/06/2020 by The LendingClub Bank, National Association reported 44 jobs and $531,400 was used to fund payroll.

Chen group inc. is Existing or more than 2 years old

CHEN GROUP INC.

Date Approved

04/06/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

CHEN GROUP INC.

Borrower Address

2524 Cobb Parkway

Borrower City

SMYRNA

Borrower State

GA

Borrower Zip

30080

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

531400.00

Current Approval Amount

531400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111901

Servicing Lender Name

LendingClub Bank, National Association

Servicing Lender Address

2701 N Thanksgiving Way

Servicing Lender City

LEHI

Servicing Lender State

UT

Servicing Lender Zip

84043

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SMYRNA

Project County Name

COBB

Project State

GA

Project Zip

30080-0001

CD

GA-11

Jobs Reported

44

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

531400.00

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

111901

Originating Lender

LendingClub Bank, National Association

Originating Lender City

LEHI

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

535828.33

Forgiveness Date

02/18/2021

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