PPP Loan information for Family chen inc

$56,463

Family chen inc was initially approved for PPP Loan of amount $56,463, the current approved amount is $56,463. The loan was approved on 03/06/2021 by The Customers Bank reported 7 jobs and $56,463 was used to fund payroll.

Family chen inc is Existing or more than 2 years old

FAMILY CHEN INC

Date Approved

03/06/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

FAMILY CHEN INC

Borrower Address

987 NW 2nd St

Borrower City

Prineville

Borrower State

OR

Borrower Zip

97754-1428

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

56463.00

Current Approval Amount

56463.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Prineville

Project County Name

CROOK

Project State

OR

Project Zip

97754-1428

CD

OR-02

Jobs Reported

7

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

56457.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

56800.23

Forgiveness Date

10/20/2021

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