PPP Loan information for Chesapeake trenching, inc

$97,700

Chesapeake trenching, inc was initially approved for PPP Loan of amount $97,700, the current approved amount is $97,700. The loan was approved on 04/11/2020 by The Shore United Bank, National Association reported 10 jobs and $97,700 was used to fund payroll.

Chesapeake trenching, inc is Existing or more than 2 years old

CHESAPEAKE TRENCHING, INC

Date Approved

04/11/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

CHESAPEAKE TRENCHING, INC

Borrower Address

104 GOODWILL RD

Borrower City

CAMBRIDGE

Borrower State

MD

Borrower Zip

21613-2993

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97700.00

Current Approval Amount

97700.00

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

10

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

97700.00

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

30493

Originating Lender

Shore United Bank, National Association

Originating Lender City

EASTON

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

98652.91

Forgiveness Date

04/13/2021

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