PPP Loan information for The chesapeake bay

$352,697

The chesapeake bay was initially approved for PPP Loan of amount $352,697, the current approved amount is $352,697. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 26 jobs and $352,697 was used to fund payroll.

The chesapeake bay is Existing or more than 2 years old

THE CHESAPEAKE BAY

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

THE CHESAPEAKE BAY

Borrower Address

1900 Eagle Drive

Borrower City

Baltimore

Borrower State

MD

Borrower Zip

21207

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

352697.00

Current Approval Amount

352697.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Baltimore

Project County Name

BALTIMORE

Project State

MD

Project Zip

21207-0001

CD

MD-07

Jobs Reported

26

NAICS Code

611710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9500.00

Payroll Proceed

335000.00

Mortgage Interest Proceed

0.00

Rent Proceed

1.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8196.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

356021.05

Forgiveness Date

03/31/2021

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