PPP Loan information for Chesapeake telephone systems inc.

$301,125

Chesapeake telephone systems inc. was initially approved for PPP Loan of amount $301,125, the current approved amount is $301,125. The loan was approved on 04/10/2020 by The Sandy Spring Bank reported 21 jobs and $301,125 was used to fund payroll.

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

CHESAPEAKE TELEPHONE SYSTEMS INC.

Date Approved

04/10/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

CHESAPEAKE TELEPHONE SYSTEMS INC.

Borrower Address

8225 A CLOVERLEAF DR

Borrower City

MILLERSVILLE

Borrower State

MD

Borrower Zip

21108-1524

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

301125.00

Current Approval Amount

301125.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MILLERSVILLE

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21108-1524

CD

MD-03

Jobs Reported

21

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

301125.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

304647.75

Forgiveness Date

06/22/2021

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