PPP Loan information for Chesapeake bay foods inc

$522,000

Chesapeake bay foods inc was initially approved for PPP Loan of amount $522,000, the current approved amount is $522,000. The loan was approved on 04/13/2020 by The Truist Bank reported 200 jobs and $522,000 was used to fund payroll.

Chesapeake bay foods inc is Existing or more than 2 years old

CHESAPEAKE BAY FOODS INC

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CHESAPEAKE BAY FOODS INC

Borrower Address

6120 COLLEGE DR

Borrower City

SUFFOLK

Borrower State

VA

Borrower Zip

23435-3684

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

522000.00

Current Approval Amount

522000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUFFOLK

Project County Name

SUFFOLK CITY

Project State

VA

Project Zip

23435-3684

CD

VA-02

Jobs Reported

200

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

522000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

526393.50

Forgiveness Date

02/19/2021

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