PPP Loan information for Yangchen inc

$213,789

Yangchen inc was initially approved for PPP Loan of amount $128,980, the current approved amount is $213,789. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 13 jobs and $213,789 was used to fund payroll.

Yangchen inc is New Business or 2 years or less

YANGCHEN INC

Date Approved

05/01/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

YANGCHEN INC

Borrower Address

9215 151ST AVE NE

Borrower City

REDMOND

Borrower State

WA

Borrower Zip

98052-3511

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

128980.00

Current Approval Amount

213789.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

REDMOND

Project County Name

KING

Project State

WA

Project Zip

98052-3511

CD

WA-01

Jobs Reported

13

NAICS Code

446199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

213789.00

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

Sole Proprietorship

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

215101.02

Forgiveness Date

12/23/2020

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