PPP Loan information for Cheng property group, llc

$86,652

Cheng property group, llc was initially approved for PPP Loan of amount $86,652, the current approved amount is $86,652. The loan was approved on 06/03/2020 by The Cathay Bank reported 20 jobs and $86,652 was used to fund payroll.

Cheng property group, llc is New Business or 2 years or less

PPP Loan Search / TX / MCKINNEY / Cheng property group, llc

CHENG PROPERTY GROUP, LLC

Date Approved

06/03/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

CHENG PROPERTY GROUP, LLC

Borrower Address

6601 HENNEMAN WAY

Borrower City

MCKINNEY

Borrower State

TX

Borrower Zip

75070-4374

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86652.00

Current Approval Amount

86652.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

5536

Servicing Lender Name

Cathay Bank

Servicing Lender Address

777 N Broadway

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90012-2819

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MCKINNEY

Project County Name

COLLIN

Project State

TX

Project Zip

75070-4374

CD

TX-03

Jobs Reported

20

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

86652.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

5536

Originating Lender

Cathay Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

87584.99

Forgiveness Date

07/09/2021

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