# PPP loan: SCHOCHOR, FEDERICO AND STATON P.A.
> **$604K** approved 04/05/2020 · Paid in Full · Loan `5579887001`
## Borrower
- **Name:** SCHOCHOR, FEDERICO AND STATON P.A.
- **Address:** 1211 Saint Paul St, BALTIMORE, MD, 21202-2705
- **NAICS:** 541110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $604K
- **Initial approval:** $604K
- **Forgiven:** $612K (101%)
- **Forgiveness date:** 09/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $515K
- **Rent:** $17K
- **Utilities:** $6K
- **Health care:** $66K
- **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*