PPP Loan information for Chesapeake trenching inc

$135,866

Chesapeake trenching inc was initially approved for PPP Loan of amount $135,866, the current approved amount is $135,866. The loan was approved on 02/02/2021 by The Shore United Bank, National Association reported 11 jobs and $135,866 was used to fund payroll.

Chesapeake trenching inc is Existing or more than 2 years old

CHESAPEAKE TRENCHING INC

Date Approved

02/02/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

CHESAPEAKE TRENCHING INC

Borrower Address

104 Goodwill Rd

Borrower City

Cambridge

Borrower State

MD

Borrower Zip

21613-2993

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

135866.42

Current Approval Amount

135866.42

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cambridge

Project County Name

DORCHESTER

Project State

MD

Project Zip

21613-2993

CD

MD-01

Jobs Reported

11

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

135864.42

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

137351.64

Forgiveness Date

03/09/2022

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