# PPP loan: QING XIANG YUAN CORPORATION
> **$175K** approved 01/29/2021 · Paid in Full · Loan `8200358307`
## Borrower
- **Name:** QING XIANG YUAN CORPORATION
- **Address:** 2002 S Wentworth Ave Ste 103, Chicago, IL, 60616-5370
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $177K (101%)
- **Forgiveness date:** 05/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $175K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Cathay Bank
- **Servicing:** Cathay Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*