# PPP loan: CAI HONG ENTERPRISES INC.
> **$150K** approved 04/12/2020 · Paid in Full · Loan `3850857100`
## Borrower
- **Name:** CAI HONG ENTERPRISES INC.
- **Address:** 60 COMMERCE WAY, TOTOWA, NJ, 07512-1154
- **NAICS:** 323111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Jobs reported:** 22
## Lender
- **Originating:** International Bank of Chicago
- **Servicing:** International Bank of Chicago (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*