PPP Loan information for Chesapeake woodworking, inc.

$567,580

Chesapeake woodworking, inc. was initially approved for PPP Loan of amount $567,580, the current approved amount is $567,580. The loan was approved on 04/09/2020 by The United Bank reported 48 jobs and $567,580 was used to fund payroll.

Chesapeake woodworking, inc. is Existing or more than 2 years old

CHESAPEAKE WOODWORKING, INC.

Date Approved

04/09/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

CHESAPEAKE WOODWORKING, INC.

Borrower Address

125 N. Kresson Street

Borrower City

BALTIMORE

Borrower State

MD

Borrower Zip

21224-1711

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

567580.00

Current Approval Amount

567580.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BALTIMORE

Project County Name

BALTIMORE CITY

Project State

MD

Project Zip

21224-1711

CD

MD-07

Jobs Reported

48

NAICS Code

337212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

28379.00

Payroll Proceed

454064.00

Mortgage Interest Proceed

0.00

Rent Proceed

28379.00

Refinance EIDL Proceed

0.00

Health Care Proceed

56758.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

571962.98

Forgiveness Date

01/20/2021

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