AI Summary
Chesapeake Business Finance Corp is a private non-profit organization licensed by the U.S. Small Business Administration to provide SBA 504 loans to businesses in Maryland, DC, Southern Delaware, Northern Virginia, and Eastern West Virginia. With an operating budget of $826,000 and total revenue of $888,900 for the 2024 filing year, Chesapeake focuses on enhancing public integrity and legal support within its service areas. The organization does not rely on a single funder for 50% or more of its revenue.
Mission Statement
CHESAPEAKE BUSINESS FINANCE CORP ("CHESAPEAKE") IS A PRIVATE NON-PROFIT CORPORATION LICENSED BY THE U.S. SMALL BUSINESS ADMINISTRATION ("SBA") TO MAKE SBA 504 LOANS TO BUSINESSES IN MARYLAND, DC, SOUTHERN DELAWARE, NORTHERN VIRGINIA, AND EASTERN WEST VIRGINIA.
Cause Areas
2
Law
Public integrity
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is CHESAPEAKE BUSINESS FINANCE CORP’s budget?
In 2024, CHESAPEAKE BUSINESS FINANCE CORP reported an annual operating budget of around $826 thousand. More detailed financial information is available to registered users.
What causes does CHESAPEAKE BUSINESS FINANCE CORP support?
CHESAPEAKE BUSINESS FINANCE CORP supports work in Law and Public integrity.
Where does CHESAPEAKE BUSINESS FINANCE CORP operate?
CHESAPEAKE BUSINESS FINANCE CORP is headquartered in Bethesda, MD.