# PPP loan: CHESAPEAKE MONTESSORI FOUNDATION, INC.
> **$265K** approved 04/15/2020 · Paid in Full · Loan `1286757202`
## Borrower
- **Name:** CHESAPEAKE MONTESSORI FOUNDATION, INC.
- **Address:** 30 OLD MILL BOTTOM RD, N., ANNAPOLIS, MD, 21409-5448
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $265K
- **Initial approval:** $265K
- **Forgiven:** $268K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $265K
- **Jobs reported:** 34
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*