# PPP loan: CHESAPEAKE IT CONSULTING, INC.
> **$396K** approved 04/15/2020 · Paid in Full · Loan `9237687107`
## Borrower
- **Name:** CHESAPEAKE IT CONSULTING, INC.
- **Address:** 2680 Tobacco Road, Chesapeake Beach, MD, 20732
- **NAICS:** 541512
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $396K
- **Initial approval:** $396K
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $368K
- **Rent:** $3K
- **Utilities:** $650
- **Health care:** $24K
- **Jobs reported:** 8
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*