# PPP loan: O'CONNELL & LAWRENCE INC.
> **$1.48M** approved 02/02/2021 · Paid in Full · Loan `1504548400`
## Borrower
- **Name:** O'CONNELL & LAWRENCE INC.
- **Address:** 17904 Georgia Ave Ste 302, Olney, MD, 20832-2278
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.48M
- **Initial approval:** $1.48M
- **Forgiven:** $1.50M (101%)
- **Forgiveness date:** 01/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.48M
- **Utilities:** $1
- **Jobs reported:** 94
## 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*