# PPP loan: OLIVIER CHENG CATERING AND EVENTS, LLC
> **$1.66M** approved 04/27/2020 · Exemption 4 · Loan `4897497210`
## Borrower
- **Name:** OLIVIER CHENG CATERING AND EVENTS, LLC
- **Address:** 12-16 Vestry Street, Ground Floor 0, New York, NY, 10013-1949
- **NAICS:** 722320
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.66M
- **Initial approval:** $1.66M
- **Forgiven:** $1.56M (94%)
- **Forgiveness date:** 09/28/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $1.66M
- **Jobs reported:** 298
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*