PPP Loan information for Chevy chase contractors inc

$1,727,588

Chevy chase contractors inc was initially approved for PPP Loan of amount $1,727,588, the current approved amount is $1,727,588. The loan was approved on 01/28/2021 by The Loan Source Incorporated reported 132 jobs and $1,727,588 was used to fund payroll.

Chevy chase contractors inc is Existing or more than 2 years old

CHEVY CHASE CONTRACTORS INC

Date Approved

01/28/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

CHEVY CHASE CONTRACTORS INC

Borrower Address

8750 Brookville Rd

Borrower City

Silver Spring

Borrower State

MD

Borrower Zip

20910-1850

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1727587.50

Current Approval Amount

1727587.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Silver Spring

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20910-1850

CD

MD-08

Jobs Reported

132

NAICS Code

238110

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1727586.50

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

122873

Originating Lender

EagleBank

Originating Lender City

BETHESDA

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1751537.07

Forgiveness Date

06/23/2022

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