# PPP loan: WARFIELD & SANFORD, INC
> **$2.55M** approved 04/07/2020 · Paid in Full · Loan `6981017001`
## Borrower
- **Name:** WARFIELD & SANFORD, INC
- **Address:** 7811 Academy Ln, LAUREL, MD, 20707-9401
- **NAICS:** 238290
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.55M
- **Initial approval:** $2.55M
- **Forgiven:** $2.60M (102%)
- **Forgiveness date:** 04/05/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.46M
- **Rent:** $84K
- **Utilities:** $5K
- **Jobs reported:** 87
## 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*