# PPP loan: CHENG USA, INC.
> **$497K** approved 04/15/2020 · Paid in Full · Loan `8533297108`
## Borrower
- **Name:** CHENG USA, INC.
- **Address:** 400 OYSTER POINT BLVD SUITE 540, SOUTH SAN FRANCISCO, CA, 94080-1979
- **NAICS:** 423850
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $497K
- **Initial approval:** $497K
- **Forgiven:** $502K (101%)
- **Forgiveness date:** 06/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $497K
- **Jobs reported:** 37
## 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*