# PPP loan: CHEF ZHANG FOOD INDUSTRY INC
> **$285K** approved 03/31/2021 · Exemption 4 · Loan `3605878708`
## Borrower
- **Name:** CHEF ZHANG FOOD INDUSTRY INC
- **Address:** 3213 Walnut Ave, Fremont, CA, 94538-2216
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Forgiven:** $202K (71%)
- **Forgiveness date:** 10/24/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $285K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*