PPP Loan information for Chesapeake cnc manufacturing center inc.

$218,017

Chesapeake cnc manufacturing center inc. was initially approved for PPP Loan of amount $218,017, the current approved amount is $218,017. The loan was approved on 02/17/2021 by The Shore United Bank, National Association reported 20 jobs and $218,017 was used to fund payroll.

Chesapeake cnc manufacturing center inc. is Existing or more than 2 years old

CHESAPEAKE CNC MANUFACTURING CENTER INC.

Date Approved

02/17/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

CHESAPEAKE CNC MANUFACTURING CENTER INC.

Borrower Address

25498 Mary Morris Rd

Borrower City

Chestertown

Borrower State

MD

Borrower Zip

21620-3529

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

218017.00

Current Approval Amount

218017.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30493

Servicing Lender Name

Shore United Bank, National Association

Servicing Lender Address

18 E Dover St

Servicing Lender City

EASTON

Servicing Lender State

MD

Servicing Lender Zip

21601-3013

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chestertown

Project County Name

KENT

Project State

MD

Project Zip

21620-3529

CD

MD-01

Jobs Reported

20

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

218015.00

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

Subchapter S Corporation

Originating Lender Location Id

30493

Originating Lender

Shore United Bank, National Association

Originating Lender City

EASTON

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

219139.94

Forgiveness Date

09/01/2021

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