# PPP loan: PSYCH ASSOCIATES OF MARYLAND LLC
> **$244K** approved 04/14/2020 · Paid in Full · Loan `7019217109`
## Borrower
- **Name:** PSYCH ASSOCIATES OF MARYLAND LLC
- **Address:** 120 Sister Pierre Drive suite 403, TOWSON, MD, 21204
- **NAICS:** 621112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $244K
- **Initial approval:** $244K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $212K
- **Rent:** $20K
- **Mortgage interest:** $8K
- **Utilities:** $2K
- **Health care:** $2K
- **Jobs reported:** 52
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*