# PPP loan: JOHN V DEMAIO DC PC
> **$255K** approved 04/15/2020 · Paid in Full · Loan `1563927204`
## Borrower
- **Name:** JOHN V DEMAIO DC PC
- **Address:** 2391 Brandermill Boulevard Ste 105, Gambrills, MD, 21054
- **NAICS:** 621310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $255K
- **Initial approval:** $255K
- **Forgiven:** $257K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $195K
- **Rent:** $35K
- **Utilities:** $8K
- **Health care:** $13K
- **Debt interest:** $5K
- **Jobs reported:** 23
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*