CHAE YONG CHONG (GU) - 2020 PPP Loan Borrower Profile (# 5976158408)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CHAE YONG CHONG. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Guam.

Loan Detail

Loan Number

5976158408

SBA Office Code

0951

Processing Method

PPS

Curent Loan Amount

$30,930

Date Loan was Approved

Feb 9, 2021

Amount Forgiven

$31,139.31

Date Loan was Forgiven

Oct 25, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

30,928

Lender

Community First Guam Federal Credit Union

Business Detail

Business Type

Sole Proprietorship

NAICS

423990

Borrower Location

Tamuning, GU

Project Location

Tamuning, GU

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.