PPP Loan information for Chesapeake containment systems, inc.

$1,687,400

Chesapeake containment systems, inc. was initially approved for PPP Loan of amount $1,687,400, the current approved amount is $1,687,400. The loan was approved on 04/09/2020 by The Truist Bank reported 125 jobs and $1,687,400 was used to fund payroll.

Chesapeake containment systems, inc. is Existing or more than 2 years old

CHESAPEAKE CONTAINMENT SYSTEMS, INC.

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CHESAPEAKE CONTAINMENT SYSTEMS, INC.

Borrower Address

2690D Salisbury Hwy

Borrower City

STATESVILLE

Borrower State

NC

Borrower Zip

28677-1154

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1687400.00

Current Approval Amount

1687400.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STATESVILLE

Project County Name

IREDELL

Project State

NC

Project Zip

28677-1154

CD

NC-10

Jobs Reported

125

NAICS Code

562910

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1687400.00

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

Non-Veteran

Non Profit

Forgiveness Amount

1698321.23

Forgiveness Date

12/10/2020

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