PPP Loan information for Chesapeake merchandising inc.

$334,911

Chesapeake merchandising inc. was initially approved for PPP Loan of amount $334,911, the current approved amount is $334,911. The loan was approved on 04/01/2021 by The Truist Bank reported 20 jobs and $334,911 was used to fund payroll.

Chesapeake merchandising inc. is Existing or more than 2 years old

PPP Loan Search / MD / Frederick / Chesapeake merchandising inc.

CHESAPEAKE MERCHANDISING INC.

Date Approved

04/01/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

CHESAPEAKE MERCHANDISING INC.

Borrower Address

4615B Wedgewood Blvd

Borrower City

Frederick

Borrower State

MD

Borrower Zip

21703-7120

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

334911.10

Current Approval Amount

334911.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Frederick

Project County Name

FREDERICK

Project State

MD

Project Zip

21703-7120

CD

MD-06

Jobs Reported

20

NAICS Code

423220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

334905.10

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

337497.36

Forgiveness Date

01/11/2022

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