PPP Loan information for Chesapeake academy inc

$198,300

Chesapeake academy inc was initially approved for PPP Loan of amount $198,300, the current approved amount is $198,300. The loan was approved on 04/08/2020 by The Chesapeake Bank reported 23 jobs and $198,300 was used to fund payroll.

Chesapeake academy inc is Existing or more than 2 years old

PPP Loan Search / VA / IRVINGTON / Chesapeake academy inc

CHESAPEAKE ACADEMY INC

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CHESAPEAKE ACADEMY INC

Borrower Address

107 STEAMBOAT RD

Borrower City

IRVINGTON

Borrower State

VA

Borrower Zip

22480-2203

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

198300.00

Current Approval Amount

198300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73496

Servicing Lender Name

Chesapeake Bank

Servicing Lender Address

97 N Main St

Servicing Lender City

KILMARNOCK

Servicing Lender State

VA

Servicing Lender Zip

22482-8501

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

IRVINGTON

Project County Name

LANCASTER

Project State

VA

Project Zip

22480-2203

CD

VA-01

Jobs Reported

23

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8000.00

Payroll Proceed

171100.00

Mortgage Interest Proceed

3200.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

16000.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

73496

Originating Lender

Chesapeake Bank

Originating Lender City

KILMARNOCK

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

199792.76

Forgiveness Date

01/07/2021

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