# PPP loan: MEDALLION FINANCIAL STRATEGIES INC
> **$175K** approved 04/11/2020 · Paid in Full · Loan `3321597110`
## Borrower
- **Name:** MEDALLION FINANCIAL STRATEGIES INC
- **Address:** 13 East Deer Park Dr, GAITHERSBURG, MD, 20877-2014
- **NAICS:** 523930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $177K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $175K
- **Jobs reported:** 16
## 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*