# PPP loan: CHESAPEAKE SPRINKLER CO
> **$1.95M** approved 04/14/2020 · Paid in Full · Loan `6010197104`
## Borrower
- **Name:** CHESAPEAKE SPRINKLER CO
- **Address:** 1913B BETSON CT, ODENTON, MD, 21113-1124
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.95M
- **Initial approval:** $1.95M
- **Forgiven:** $1.98M (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.95M
- **Jobs reported:** 145
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*