# PPP loan: VAROUJAN TOSSOUNIAN
> **$226K** approved 03/03/2021 · Paid in Full · Loan `6140788501`
## Borrower
- **Name:** VAROUJAN TOSSOUNIAN
- **Address:** 12300 Parklawn Dr, Rockville, MD, 20852-1726
- **NAICS:** 811121
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $226K
- **Initial approval:** $226K
- **Forgiven:** $228K (101%)
- **Forgiveness date:** 03/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $226K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*