PPP Loan information for Chesapeake petroleum & supply co. inc.

$794,765

Chesapeake petroleum & supply co. inc. was initially approved for PPP Loan of amount $794,765, the current approved amount is $794,765. The loan was approved on 05/01/2021 by The Truist Bank reported 44 jobs and $794,765 was used to fund payroll.

Chesapeake petroleum & supply co. inc. is Existing or more than 2 years old

PPP Loan Search / MD / Gaithersburg / Chesapeake petroleum & supply co. inc.

CHESAPEAKE PETROLEUM & SUPPLY CO. INC.

Date Approved

05/01/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

CHESAPEAKE PETROLEUM & SUPPLY CO. INC.

Borrower Address

16821 Oakmont Ave

Borrower City

Gaithersburg

Borrower State

MD

Borrower Zip

20877-4109

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

794765.00

Current Approval Amount

794765.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Gaithersburg

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20877-4109

CD

MD-06

Jobs Reported

44

NAICS Code

424710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

794765.00

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

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

799776.43

Forgiveness Date

12/17/2021

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