# PPP loan: LERCH, EARLY & BREWER, CHARTERED
> **$2.58M** approved 04/05/2020 · Paid in Full · Loan `5349697008`
## Borrower
- **Name:** LERCH, EARLY & BREWER, CHARTERED
- **Address:** 7600 Wisconsin Ave Suite 700, BETHESDA, MD, 20814-3520
- **NAICS:** 541110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.58M
- **Initial approval:** $2.10M
- **Forgiven:** $2.61M (101%)
- **Forgiveness date:** 06/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.06M
- **Rent:** $350K
- **Utilities:** $17K
- **Debt interest:** $149K
- **Jobs reported:** 114
## Lender
- **Originating:** EagleBank
- **Servicing:** EagleBank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*