# PPP loan: CHESAPEAKE NETWORK INSTALLATIONS, INC.
> **$1.15M** approved 04/15/2020 · Exemption 4 · Loan `1709867203`
## Borrower
- **Name:** CHESAPEAKE NETWORK INSTALLATIONS, INC.
- **Address:** 371 LAKE SHORE DR, PASADENA, MD, 21122-5148
- **NAICS:** 541519
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.15M
- **Initial approval:** $1.40M
- **Forgiven:** $887K (77%)
- **Forgiveness date:** 03/22/2022
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $1.15M
- **Jobs reported:** 41
## Lender
- **Originating:** First National Bank of Pennsylvania
- **Servicing:** First National Bank of Pennsylvania (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*