# PPP loan: RECOVERY SPORTS GRILL CHESAPEAKE LLC
> **$240K** approved 01/22/2021 · Exemption 4 · Loan `3500088308`
## Borrower
- **Name:** RECOVERY SPORTS GRILL CHESAPEAKE LLC
- **Address:** 1672 Sentinel Dr, Chesapeake, VA, 23320-4417
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $179K (75%)
- **Forgiveness date:** 03/03/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $240K
- **Utilities:** $1
- **Jobs reported:** 8
## Lender
- **Originating:** Chemung Canal Trust Company
- **Servicing:** Chemung Canal Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*