# PPP loan: CARNEMARK SYSTEMS AND DESIGN INC.
> **$277K** approved 02/03/2021 · Paid in Full · Loan `2601968404`
## Borrower
- **Name:** CARNEMARK SYSTEMS AND DESIGN INC.
- **Address:** 7550 Wisconsin Ave, Bethesda, MD, 20814-3559
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $277K
- **Initial approval:** $277K
- **Forgiven:** $279K (101%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $277K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*