diff --git a/deployment/update.sh b/deployment/update.sh
index 2fc2adf..a63d0d2 100755
--- a/deployment/update.sh
+++ b/deployment/update.sh
@@ -40,6 +40,9 @@ for PROJECT_CHAIN in ${DEPLOYMENT_STRING//,/ }; do
     export PROJECT_PREFIX="$PROJECT_PREFIX"
     export BITCOIN_CHAIN="$BITCOIN_CHAIN"
 
+    PROJECT_NAME="$PROJECT_PREFIX-$BITCOIN_CHAIN"
+    PROJECT_PATH="$PROJECTS_DIR/$PROJECT_NAME"
+
     # if the user sets USER_TARGET_PROJECT, let's ensure the project exists.
     if [ -n "$USER_TARGET_PROJECT" ]; then
         if ! lxc project list | grep -q "$USER_TARGET_PROJECT"; then