PPP Loan information for Chu and cao incorporated

$62,277

Chu and cao incorporated was initially approved for PPP Loan of amount $62,277, the current approved amount is $62,277. The loan was approved on 02/05/2021 by The Commerce Bank reported 18 jobs and $62,277 was used to fund payroll.

Chu and cao incorporated is Existing or more than 2 years old

CHU AND CAO INCORPORATED

Date Approved

02/05/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

CHU AND CAO INCORPORATED

Borrower Address

1601 W Main St

Borrower City

Belleville

Borrower State

IL

Borrower Zip

62220-1512

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62276.93

Current Approval Amount

62276.93

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Belleville

Project County Name

SAINT CLAIR

Project State

IL

Project Zip

62220-1512

CD

IL-13

Jobs Reported

18

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

62274.93

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

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

62847.80

Forgiveness Date

01/18/2022

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