# PPP loan: CHMS LLC
> **$300K** approved 02/24/2021 · Paid in Full · Loan `3707468508`
## Borrower
- **Name:** CHMS LLC
- **Address:** 2425A N Glebe Rd, Arlington, VA, 22207-3535
- **NAICS:** 611110
- **Business type:** Joint Venture
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $303K (101%)
- **Forgiveness date:** 03/31/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $300K
- **Utilities:** $1
- **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*