# PPP loan: CORCORAN CATERERS, INC.
> **$700K** approved 04/10/2020 · Paid in Full · Loan `2457837104`
## Borrower
- **Name:** CORCORAN CATERERS, INC.
- **Address:** 2401 Montgomery Street, SILVER SPRING, MD, 20910-1250
- **NAICS:** 722320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $700K
- **Initial approval:** $700K
- **Forgiven:** $708K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $700K
- **Jobs reported:** 59
## 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*