# PPP loan: CARNEMARK SYSTEMS AND DESIGN INC.
> **$277K** approved 04/13/2020 · Paid in Full · Loan `5608257109`
## Borrower
- **Name:** CARNEMARK SYSTEMS AND DESIGN INC.
- **Address:** 7550 Wisconsin Ave, BETHESDA, MD, 20814-3559
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $277K
- **Initial approval:** $277K
- **Forgiven:** $279K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $208K
- **Utilities:** $69K
- **Jobs reported:** 18
## 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*