Chesapeake Shipbuilding Corp

$1,660,240 PPP Loan in Salisbury, Maryland

Loan Details

Loan Number
3131577103
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,660,240
Current Approval
$1,660,240
Forgiveness Amount
$1,681,211
Forgiveness Date
Jul 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Chesapeake Shipbuilding Corp
Address
710 Fitzwater Street
ZIP Code
21801-4812
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (336611)
Business Age
Existing or more than 2 years old
Jobs Reported
143
Estimated Revenue
$37.4M
Rural/Urban
Urban
Congressional District
MD-01

Loan Use Breakdown

Payroll
$1,255,990
Rent
$215,625
Utilities
$98,934
Health Care
$89,691

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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