# PPP loan: DIAMOND ENGINEERING CORP
> **$940K** approved 04/13/2020 · Paid in Full · Loan `5308187110`
## Borrower
- **Name:** DIAMOND ENGINEERING CORP
- **Address:** 9825 Old Solomons Island Rd, OWINGS, MD, 20736-9314
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $940K
- **Initial approval:** $940K
- **Forgiven:** $946K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $940K
- **Jobs reported:** 66
## Lender
- **Originating:** United Bank
- **Servicing:** United Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*