# PPP loan: COTY GROUP LLC
> **$248K** approved 02/06/2021 · Paid in Full · Loan `4261098405`
## Borrower
- **Name:** COTY GROUP LLC
- **Address:** 616 Quince Orchard Rd, Gaithersburg, MD, 20878-1410
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 05/24/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $248K
- **Utilities:** $1
- **Jobs reported:** 15
## 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*