# PPP loan: LA FERME INC
> **$411K** approved 02/05/2021 · Paid in Full · Loan `3707138405`
## Borrower
- **Name:** LA FERME INC
- **Address:** 7101 Brookville Rd, Chevy Chase, MD, 20815-4061
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $411K
- **Initial approval:** $411K
- **Forgiven:** $414K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $411K
- **Utilities:** $1
- **Jobs reported:** 50
## 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*