# PPP loan: CHEN MANAGEMENT GROUP INC
> **$1.53M** approved 02/13/2021 · Paid in Full · Loan `8154378409`
## Borrower
- **Name:** CHEN MANAGEMENT GROUP INC
- **Address:** 3979 Albany Post Rd C/O Dunkin Dounuts, Hyde Park, NY, 12538-1983
- **NAICS:** 722515
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.53M
- **Initial approval:** $1.53M
- **Forgiven:** $1.54M (101%)
- **Forgiveness date:** 01/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.53M
- **Utilities:** $1
- **Jobs reported:** 256
## Lender
- **Originating:** Rhinebeck Bank
- **Servicing:** Rhinebeck Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*