PPP Loan information for Chesapeake nurseries

$844,590

Chesapeake nurseries was initially approved for PPP Loan of amount $844,590, the current approved amount is $844,590. The loan was approved on 01/22/2021 by The Manufacturers and Traders Trust Company reported 66 jobs and $844,590 was used to fund payroll.

Chesapeake nurseries is Existing or more than 2 years old

CHESAPEAKE NURSERIES

Date Approved

01/22/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

CHESAPEAKE NURSERIES

Borrower Address

25788 Pemberton Drive

Borrower City

SALISBURY

Borrower State

MD

Borrower Zip

21801

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

844590.00

Current Approval Amount

844590.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

WICOMICO

Project State

MD

Project Zip

21801

CD

MD-01

Jobs Reported

66

NAICS Code

111421

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

844585.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

853197.88

Forgiveness Date

02/07/2022

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