PPP Loan information for Chesaco motors, inc

$655,272

Chesaco motors, inc was initially approved for PPP Loan of amount $655,272, the current approved amount is $655,272. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 80 jobs and $655,272 was used to fund payroll.

Chesaco motors, inc is Existing or more than 2 years old

PPP Loan Search / MD / Hunt Valley / Chesaco motors, inc

CHESACO MOTORS, INC

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

CHESACO MOTORS, INC

Borrower Address

10946 Beaver Dam Rd Ste G

Borrower City

Hunt Valley

Borrower State

MD

Borrower Zip

21030

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

655272.00

Current Approval Amount

655272.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hunt Valley

Project County Name

BALTIMORE

Project State

MD

Project Zip

21030-0001

CD

MD-02

Jobs Reported

80

NAICS Code

441210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

14000.00

Payroll Proceed

575272.00

Mortgage Interest Proceed

0.00

Rent Proceed

60000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

662830.07

Forgiveness Date

06/17/2021

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