# PPP loan: CHESAPEAKE SERVICE SYSTEMS INC
> **$255K** approved 04/13/2020 · Paid in Full · Loan `4712917101`
## Borrower
- **Name:** CHESAPEAKE SERVICE SYSTEMS INC
- **Address:** 10921 Pump House Road Suite B, Annapolis Junction, MD, 20701-1204
- **NAICS:** 423610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $255K
- **Initial approval:** $255K
- **Forgiven:** $258K (101%)
- **Forgiveness date:** 07/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $191K
- **Mortgage interest:** $32K
- **Utilities:** $32K
- **Jobs reported:** 18
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*