PPP Loan information for Chesaco motors, inc
$655,272
Chesaco motors, inc was initially approved for PPP Loan of amount $655,272, the current approved amount is $655,272. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 80 jobs and $655,272 was used to fund payroll.
Chesaco motors, inc is Existing or more than 2 years old
CHESACO MOTORS, INC
Date Approved
04/15/2020
SBA Office Code
0373
Processing Method
PPP
Borrower Name
CHESACO MOTORS, INC
Borrower Address
10946 Beaver Dam Rd Ste G
Borrower City
Hunt Valley
Borrower State
MD
Borrower Zip
21030
Loan Status Date
07/08/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
655272.00
Current Approval Amount
655272.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
46391
Servicing Lender Name
Manufacturers and Traders Trust Company
Servicing Lender Address
One M & T Plaza, 15th Fl
Servicing Lender City
BUFFALO
Servicing Lender State
NY
Servicing Lender Zip
14203
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Hunt Valley
Project County Name
BALTIMORE
Project State
MD
Project Zip
21030-0001
CD
MD-02
Jobs Reported
80
NAICS Code
441210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
14000.00
Payroll Proceed
575272.00
Mortgage Interest Proceed
0.00
Rent Proceed
60000.00
Refinance EIDL Proceed
0.00
Health Care Proceed
6000.00
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
46391
Originating Lender
Manufacturers and Traders Trust Company
Originating Lender City
BUFFALO
Originating Lender State
NY
Gender
Unanswered
Veteran
Unanswered
Non Profit
Forgiveness Amount
662830.07
Forgiveness Date
06/17/2021