# PPP loan: LYNCH'S FOOD AND BEVERAGE
> **$265K** approved 02/08/2021 · Paid in Full · Loan `5353418407`
## Borrower
- **Name:** LYNCH'S FOOD AND BEVERAGE
- **Address:** 489 Ritchie Hwy Ste 103, Severna Park, MD, 21146-2957
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $265K
- **Initial approval:** $265K
- **Forgiven:** $268K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $265K
- **Utilities:** $1
- **Jobs reported:** 21
## 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*