2014 Mi Sook Chai Irrevocable Trust

$500,000 PPP Loan in Fullerton, California

Loan Details

Loan Number
7747107305
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$500,000
Current Approval
$500,000
Forgiveness Amount
$506,955
Forgiveness Date
Sep 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
2014 Mi Sook Chai Irrevocable Trust
Address
305 N State College Blvd
ZIP Code
92831
Business Type
Trust
Industry (NAICS)
Accommodation and Food Services (722513)
Business Age
Existing or more than 2 years old
Jobs Reported
80
Estimated Revenue
$14.2M
Rural/Urban
Urban
Congressional District
CA-45

Loan Use Breakdown

Payroll
$350,000
Rent
$60,000
Utilities
$50,000
Health Care
$18,000
Mortgage Interest
$22,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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