CHUNGAS 2 INC. (UT) - 2020 PPP Loan Borrower Profile (# 2341538701)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CHUNGAS 2 INC.. 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 Utah.

Loan Detail

Loan Number
2341538701
SBA Office Code
0883
Processing Method
PPS
Curent Loan Amount
$42,628
Date Loan was Approved
Mar 28, 2021
Amount Forgiven
$43,173.4
Date Loan was Forgiven
Jul 12, 2022
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
42,626
Lender
Zions Bank, A Division of

Business Detail

Business Type
Subchapter S Corporation
NAICS
722513
Borrower Location
Salt Lake City, UT
Project Location
Salt Lake City, UT
Rural/Urban
Urban
Hubzone
Yes
Labor Market Information (LMI)
Yes
Jobs Reported
10
Business Age Description
Existing or more than 2 years old
Data Source: SBA.