# PPP loan: DRS. REID, AHMADIAN & THOMPSON
> **$432K** approved 04/07/2020 · Paid in Full · Loan `7304087008`
## Borrower
- **Name:** DRS. REID, AHMADIAN & THOMPSON
- **Address:** 400 W 7th Street, FREDERICK, MD, 21701-4506
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $432K
- **Initial approval:** $432K
- **Forgiven:** $437K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $324K
- **Utilities:** $108K
- **Jobs reported:** 11
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*