# PPP loan: GOEL SERVICES, INC.
> **$2.06M** approved 04/15/2020 · Paid in Full · Loan `2214657202`
## Borrower
- **Name:** GOEL SERVICES, INC.
- **Address:** 3027 Hubbard Road, Suite 101, HYATTSVILLE, MD, 20785
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.06M
- **Initial approval:** $2.06M
- **Forgiven:** $2.09M (101%)
- **Forgiveness date:** 10/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.55M
- **Utilities:** $516K
- **Jobs reported:** 158
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*