PPP Loan information for Chesapeake arts center inc.

$85,515

Chesapeake arts center inc. was initially approved for PPP Loan of amount $85,515, the current approved amount is $85,515. The loan was approved on 04/08/2021 by The Arundel Federal Savings Bank reported 11 jobs and $85,515 was used to fund payroll.

Chesapeake arts center inc. is Existing or more than 2 years old

PPP Loan Search / MD / Brooklyn / Chesapeake arts center inc.

CHESAPEAKE ARTS CENTER INC.

Date Approved

04/08/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

CHESAPEAKE ARTS CENTER INC.

Borrower Address

194 Hammonds Ln

Borrower City

Brooklyn

Borrower State

MD

Borrower Zip

21225-3649

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

85515.00

Current Approval Amount

85515.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80108

Servicing Lender Name

Arundel Federal Savings Bank

Servicing Lender Address

655 Crain Hwy South

Servicing Lender City

GLEN BURNIE

Servicing Lender State

MD

Servicing Lender Zip

21061-3856

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21225-3649

CD

MD-03

Jobs Reported

11

NAICS Code

711310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

85515.00

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

Non-Profit Organization

Originating Lender Location Id

80108

Originating Lender

Arundel Federal Savings Bank

Originating Lender City

GLEN BURNIE

Originating Lender State

MD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

85880.81

Forgiveness Date

09/20/2021

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