PPP Loan information for True chesapeake, llc

$191,345

True chesapeake, llc was initially approved for PPP Loan of amount $191,345, the current approved amount is $191,345. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 34 jobs and $191,345 was used to fund payroll.

True chesapeake, llc is New Business or 2 years or less

TRUE CHESAPEAKE, LLC

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

TRUE CHESAPEAKE, LLC

Borrower Address

3300 Clipper Mill Road

Borrower City

Baltimore

Borrower State

MD

Borrower Zip

21211

Loan Status Date

04/06/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

191345.00

Current Approval Amount

191345.00

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

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Baltimore

Project County Name

BALTIMORE CITY

Project State

MD

Project Zip

21211-0111

CD

MD-02

Jobs Reported

34

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11345.00

Payroll Proceed

150000.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

194904.54

Forgiveness Date

03/01/2022

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