Chesaco Motors, INC

$655,272 PPP Loan in Hunt Valley, Maryland

Loan Details

Loan Number
8256637104
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$655,272
Current Approval
$655,272
Forgiveness Amount
$662,830
Forgiveness Date
Jun 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Chesaco Motors, INC
Address
10946 Beaver Dam Rd Ste G
ZIP Code
21030
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441210)
Business Age
Existing or more than 2 years old
Jobs Reported
80
Estimated Revenue
$20.9M
Rural/Urban
Urban
Congressional District
MD-02

Loan Use Breakdown

Payroll
$575,272
Rent
$60,000
Utilities
$14,000
Health Care
$6,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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