# PPP loan: CHESAPEAKE BAY HELICOPTERS INC
> **$418K** approved 04/11/2020 · Paid in Full · Loan `2839507105`
## Borrower
- **Name:** CHESAPEAKE BAY HELICOPTERS INC
- **Address:** 5202 WEST MILITARY HIGHWAY BLDG 11, Chesapeake, VA, 23320
- **NAICS:** 481211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $418K
- **Initial approval:** $418K
- **Forgiven:** $421K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $343K
- **Rent:** $40K
- **Utilities:** $35K
- **Jobs reported:** 28
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*