# PPP loan: CHESAPEAKE HEARING CENTERS INC.
> **$285K** approved 01/20/2021 · Paid in Full · Loan `1941798305`
## Borrower
- **Name:** CHESAPEAKE HEARING CENTERS INC.
- **Address:** 580 Ritchie Hwy Ste I, Severna Park, MD, 21146-3926
- **NAICS:** 621340
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Forgiven:** $287K (101%)
- **Forgiveness date:** 10/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $285K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** Farmers & Merchants Bank
- **Servicing:** Farmers & Merchants Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*