# PPP loan: MILES & STOCKBRIDGE P.C.
> **$8.59M** approved 04/15/2020 · Paid in Full · Loan `1749557209`
## Borrower
- **Name:** MILES & STOCKBRIDGE P.C.
- **Address:** 100 LIGHT ST, BALTIMORE, MD, 21202
- **NAICS:** 541110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $8.59M
- **Initial approval:** $8.59M
- **Forgiven:** $8.69M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.77M
- **Rent:** $1.50M
- **Health care:** $320K
- **Jobs reported:** 416
## 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*