# PPP loan: PERSHING ASSOCIATES
> **$620K** approved 04/27/2020 · Charged Off · Loan `3507787204`
## Borrower
- **Name:** PERSHING ASSOCIATES
- **Address:** 1455 PENNSYLVANIA AVENUE NW, WASHINGTON, DC, 20004
- **NAICS:** 722511
- **Business type:** Limited Liability Partnership
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $620K
- **Initial approval:** $620K
- **Forgiven:** $150K (24%)
- **Forgiveness date:** 08/16/2021
- **Status:** Charged Off
- **Term:** 4 months
## Use of funds
- **Payroll:** $620K
- **Jobs reported:** 41
## Lender
- **Originating:** EagleBank
- **Servicing:** EagleBank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*