# PPP loan: CHUNG ENTERPRISES OF HOT SPRINGS INC.
> **$250K** approved 03/31/2021 · Paid in Full · Loan `3247198704`
## Borrower
- **Name:** CHUNG ENTERPRISES OF HOT SPRINGS INC.
- **Address:** 3837 Central Ave, Hot Springs, AR, 71913-6900
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 12/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $250K
- **Utilities:** $1
- **Jobs reported:** 42
## Lender
- **Originating:** Bank OZK
- **Servicing:** Bank OZK (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*