# PPP loan: MICHAEL BONSBY HEATING AND AIR CONDITONING, LLC
> **$347K** approved 04/10/2020 · Paid in Full · Loan `1257237102`
## Borrower
- **Name:** MICHAEL BONSBY HEATING AND AIR CONDITONING, LLC
- **Address:** 7950 Cessna Avenue, GAITHERSBURG, MD, 20879-4125
- **NAICS:** 238220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $347K
- **Initial approval:** $347K
- **Forgiven:** $351K (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $347K
- **Jobs reported:** 30
## 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*