PPP Loan information for Zheng group inc

$72,520

Zheng group inc was initially approved for PPP Loan of amount $72,520, the current approved amount is $72,520. The loan was approved on 03/05/2021 by The Santander Bank, National Association reported 10 jobs and $72,520 was used to fund payroll.

Zheng group inc is Existing or more than 2 years old

ZHENG GROUP INC

Date Approved

03/05/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ZHENG GROUP INC

Borrower Address

15 Elissa Ave

Borrower City

Wayland

Borrower State

MA

Borrower Zip

01778-3154

Loan Status Date

03/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

72520.00

Current Approval Amount

72520.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wayland

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01778-3154

CD

MA-05

Jobs Reported

10

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

72520.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

73348.52

Forgiveness Date

05/02/2022

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