Chesapeake Inn, Inc.
$834,012 PPP Loan in Chesapeake City, Maryland
Loan Details
- Loan Number
- 5271987109
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $834,012
- Current Approval
- $834,012
- Forgiveness Amount
- $840,319
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Chesapeake Inn, Inc.
- Address
- 605 2nd St
- City
- Chesapeake City
- State
- Maryland
- ZIP Code
- 21915-1220
- Business Type
- Corporation
- Industry (NAICS)
- Accommodation and Food Services (722511)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 145
- Estimated Revenue
- $25.7M
- Rural/Urban
- Rural
- Congressional District
- MD-01
Loan Use Breakdown
- Payroll
- $597,512
- Rent
- $68,500
- Utilities
- $65,000
- Health Care
- $28,000
- Mortgage Interest
- $67,500
- Debt Interest
- $7,500
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
Other PPP Loans in Chesapeake City, MD
| Business | Approved | |
|---|---|---|
| Dann Marine Towing, Lc | $3,147,145 |  Research |
| Chesapeake Inn Inc. | $1,167,617 | Research |
| Moon Landscaping, Inc. | $565,462 | Research |
| Moon Nurseries, Inc. | $545,825 | Research |
| Ses Group & Associates LLC | $534,700 | Research |
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