# PPP loan: PRESTIGE TECHNOLOGIES INC
> **$277K** approved 03/28/2021 · Exemption 4 · Loan `2063618700`
## Borrower
- **Name:** PRESTIGE TECHNOLOGIES INC
- **Address:** 3 Research Pl, Rockville, MD, 20850-3279
- **NAICS:** 511210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $277K
- **Initial approval:** $277K
- **Forgiven:** $195K (70%)
- **Forgiveness date:** 03/13/2023
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $277K
- **Jobs reported:** 8
## Lender
- **Originating:** Capital One, National Association
- **Servicing:** Capital One, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*