Chesapeake Paving & Sealing

$144,295 PPP Loan in Salisbury, Maryland

Loan Details

Loan Number
7315137201
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$144,295
Current Approval
$144,295
Forgiveness Amount
$145,277
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Chesapeake Paving & Sealing
Address
2445 Zion Rd
ZIP Code
21801-2227
Business Type
Corporation
Industry (NAICS)
Construction (237990)
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$11.2M
Rural/Urban
Urban
Congressional District
MD-01

Loan Use Breakdown

Payroll
$108,221
Rent
$18,037
Utilities
$18,037

Lender Information

Servicing Lender
The Farmers Bank of Willards
Originating Lender
The Farmers Bank of Willards

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