PPP Loan information for Chesapeake cuts, llc

$229,596

Chesapeake cuts, llc was initially approved for PPP Loan of amount $229,596, the current approved amount is $229,596. The loan was approved on 04/28/2020 by The Simmons Bank reported 40 jobs and $229,596 was used to fund payroll.

Chesapeake cuts, llc is Existing or more than 2 years old

CHESAPEAKE CUTS, LLC

Date Approved

04/28/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

CHESAPEAKE CUTS, LLC

Borrower Address

10 FORESTON VALLEY COURT

Borrower City

PARKTON

Borrower State

MD

Borrower Zip

21120

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

229596.00

Current Approval Amount

229596.00

Undisbursed Amount

0.00

Franchise Name

SportClips

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PARKTON

Project County Name

BALTIMORE

Project State

MD

Project Zip

21120-0271

CD

MD-02

Jobs Reported

40

NAICS Code

812111

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

229596.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

231690.67

Forgiveness Date

04/06/2021

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