PPP Loan information for Chesapeake supply & equipment co

$220,050

Chesapeake supply & equipment co was initially approved for PPP Loan of amount $244,679, the current approved amount is $220,050. The loan was approved on 04/08/2020 by The CFG Community Bank reported 16 jobs and $220,050 was used to fund payroll.

Chesapeake supply & equipment co is Existing or more than 2 years old

CHESAPEAKE SUPPLY & EQUIPMENT CO

Date Approved

04/08/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

CHESAPEAKE SUPPLY & EQUIPMENT CO

Borrower Address

PO BOX 857

Borrower City

SAVAGE

Borrower State

MD

Borrower Zip

20763-0857

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

244679.00

Current Approval Amount

220050.13

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121508

Servicing Lender Name

CFG Community Bank

Servicing Lender Address

1422 Clarkview Rd

Servicing Lender City

BALTIMORE

Servicing Lender State

MD

Servicing Lender Zip

21209-2385

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAVAGE

Project County Name

HOWARD

Project State

MD

Project Zip

20763-0857

CD

MD-03

Jobs Reported

16

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

220050.13

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

121508

Originating Lender

CFG Community Bank

Originating Lender City

BALTIMORE

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

221743.29

Forgiveness Date

01/20/2021

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