# PPP loan: FEDERAL BUSINESS COUNCIL INC.
> **$461K** approved 01/25/2021 · Paid in Full · Loan `5292558300`
## Borrower
- **Name:** FEDERAL BUSINESS COUNCIL INC.
- **Address:** 9800 Patuxent Woods Dr Ste H, Columbia, MD, 21046-3384
- **NAICS:** 561920
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $461K
- **Initial approval:** $461K
- **Forgiven:** $466K (101%)
- **Forgiveness date:** 02/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $461K
- **Utilities:** $1
- **Jobs reported:** 28
## 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*