PPP Loan information for Chesapeake care inc

$106,500

Chesapeake care inc was initially approved for PPP Loan of amount $106,500, the current approved amount is $106,500. The loan was approved on 04/11/2020 by The TowneBank reported 10 jobs and $106,500 was used to fund payroll.

Chesapeake care inc is Existing or more than 2 years old

CHESAPEAKE CARE INC

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CHESAPEAKE CARE INC

Borrower Address

2145 S Military Hwy

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23320-4426

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106500.00

Current Approval Amount

106500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23320-4426

CD

VA-03

Jobs Reported

10

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

106500.00

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

Non-Profit Organization

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

107511.75

Forgiveness Date

04/01/2021

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