PPP Loan information for Chesapeake arts center, inc.

$87,200

Chesapeake arts center, inc. was initially approved for PPP Loan of amount $87,200, the current approved amount is $87,200. The loan was approved on 04/15/2020 by The Sandy Spring Bank reported 12 jobs and $87,200 was used to fund payroll.

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

CHESAPEAKE ARTS CENTER, INC.

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

CHESAPEAKE ARTS CENTER, INC.

Borrower Address

194 Hammonds Lane

Borrower City

BROOKLYN

Borrower State

MD

Borrower Zip

21225

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87200.00

Current Approval Amount

87200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOKLYN

Project County Name

BALTIMORE CITY

Project State

MD

Project Zip

21225-0300

CD

MD-07

Jobs Reported

12

NAICS Code

711190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

21800.00

Payroll Proceed

65400.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

88052.89

Forgiveness Date

04/15/2021

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