# PPP loan: BUSINESS ONE CONSULTING, INC.
> **$488K** approved 04/15/2020 · Paid in Full · Loan `1805907202`
## Borrower
- **Name:** BUSINESS ONE CONSULTING, INC.
- **Address:** 11111 Flanagan Lane, Germantown, MD, 20876
- **NAICS:** 541618
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $488K
- **Initial approval:** $488K
- **Forgiven:** $494K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $465K
- **Health care:** $17K
- **Debt interest:** $7K
- **Jobs reported:** 12
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*