# PPP loan: CHESAPEAKE CINEMA, INC.
> **$503K** approved 04/28/2020 · Paid in Full · Loan `7798597203`
## Borrower
- **Name:** CHESAPEAKE CINEMA, INC.
- **Address:** 1401 GREENBRIER PKWY, CHESAPEAKE, VA, 23320-2830
- **NAICS:** 512131
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $503K
- **Initial approval:** $522K
- **Forgiven:** $510K (101%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $503K
- **Jobs reported:** 65
## Lender
- **Originating:** Southern Bank and Trust Company
- **Servicing:** Southern Bank and Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*