PPP Loan information for Chen's asian fusion llc

$223,326

Chen's asian fusion llc was initially approved for PPP Loan of amount $223,326, the current approved amount is $223,326. The loan was approved on 02/25/2021 by The Cross River Bank reported 18 jobs and $223,326 was used to fund payroll.

Chen's asian fusion llc is Existing or more than 2 years old

CHEN'S ASIAN FUSION LLC

Date Approved

02/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CHEN'S ASIAN FUSION LLC

Borrower Address

1501 E Beltline Ave NE

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49525-4507

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

223326.00

Current Approval Amount

223326.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

KENT

Project State

MI

Project Zip

49525-4507

CD

MI-03

Jobs Reported

18

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

223324.00

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

Subchapter S Corporation

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

225186.03

Forgiveness Date

12/28/2021

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