# PPP loan: CLASSIC FORMS AND SYSTEMS, INC.
> **$237K** approved 04/15/2020 · Paid in Full · Loan `1025367205`
## Borrower
- **Name:** CLASSIC FORMS AND SYSTEMS, INC.
- **Address:** 95 Monocacy Blvd. B20, FREDERICK, MD, 21701
- **NAICS:** 561990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $237K
- **Initial approval:** $237K
- **Forgiven:** $239K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $178K
- **Utilities:** $59K
- **Jobs reported:** 20
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*