PPP Loan information for Family chen inc

$40,798

Family chen inc was initially approved for PPP Loan of amount $40,798, the current approved amount is $40,798. The loan was approved on 05/05/2020 by The Cross River Bank reported 7 jobs and $40,798 was used to fund payroll.

Family chen inc is New Business or 2 years or less

FAMILY CHEN INC

Date Approved

05/05/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

FAMILY CHEN INC

Borrower Address

987 NW 2ND ST

Borrower City

PRINEVILLE

Borrower State

OR

Borrower Zip

97754

Loan Status Date

03/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40798.00

Current Approval Amount

40798.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PRINEVILLE

Project County Name

CROOK

Project State

OR

Project Zip

97754-0001

CD

OR-02

Jobs Reported

7

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40798.00

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

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

34005.42

Forgiveness Date

12/28/2020

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