PPP Loan information for Chu and cao incorporated

$44,400

Chu and cao incorporated was initially approved for PPP Loan of amount $44,400, the current approved amount is $44,400. The loan was approved on 06/18/2020 by The Commerce Bank reported 23 jobs and $44,400 was used to fund payroll.

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

CHU AND CAO INCORPORATED

Date Approved

06/18/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CHU AND CAO INCORPORATED

Borrower Address

1601 West Main Street

Borrower City

BELLEVILLE

Borrower State

IL

Borrower Zip

62220-1512

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

44400.00

Current Approval Amount

44400.00

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

23

NAICS Code

722110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2917.29

Payroll Proceed

35586.00

Mortgage Interest Proceed

5896.71

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

44926.63

Forgiveness Date

08/25/2021

;