# PPP loan: DIAMOND ENGINEERING CORP
> **$1.02M** approved 02/04/2021 · Paid in Full · Loan `2900988410`
## Borrower
- **Name:** DIAMOND ENGINEERING CORP
- **Address:** 9825 Old Solomons Island Rd, Owings, MD, 20736-9314
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.02M
- **Initial approval:** $1.02M
- **Forgiven:** $1.03M (101%)
- **Forgiveness date:** 11/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.02M
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** United Bank
- **Servicing:** United Bank (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*