PPP Loan information for Chesapeake cinema, inc.

$503,475

Chesapeake cinema, inc. was initially approved for PPP Loan of amount $521,567, the current approved amount is $503,475. The loan was approved on 04/28/2020 by The Southern Bank and Trust Company reported 65 jobs and $503,475 was used to fund payroll.

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

PPP Loan Search / VA / CHESAPEAKE / Chesapeake cinema, inc.

CHESAPEAKE CINEMA, INC.

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CHESAPEAKE CINEMA, INC.

Borrower Address

1401 GREENBRIER PKWY

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23320-2830

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

521567.00

Current Approval Amount

503475.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23320-2830

CD

VA-03

Jobs Reported

65

NAICS Code

512131

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

503475.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

509936.26

Forgiveness Date

08/11/2021

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