PPP Loan information for Chesapeake shipbuilding corp

$1,660,240

Chesapeake shipbuilding corp was initially approved for PPP Loan of amount $1,660,240, the current approved amount is $1,660,240. The loan was approved on 04/11/2020 by The JPMorgan Chase Bank, National Association reported 143 jobs and $1,660,240 was used to fund payroll.

Chesapeake shipbuilding corp is Existing or more than 2 years old

PPP Loan Search / MD / SALISBURY / Chesapeake shipbuilding corp

CHESAPEAKE SHIPBUILDING CORP

Date Approved

04/11/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

CHESAPEAKE SHIPBUILDING CORP

Borrower Address

710 Fitzwater Street

Borrower City

SALISBURY

Borrower State

MD

Borrower Zip

21801-4812

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1660240.00

Current Approval Amount

1660240.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

WICOMICO

Project State

MD

Project Zip

21801-4812

CD

MD-01

Jobs Reported

143

NAICS Code

336611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

98934.00

Payroll Proceed

1255990.00

Mortgage Interest Proceed

0.00

Rent Proceed

215625.00

Refinance EIDL Proceed

0.00

Health Care Proceed

89691.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1681210.68

Forgiveness Date

07/22/2021

;