# PPP loan: GRAEVES AUTO & APPLIANCES INC.
> **$214K** approved 04/28/2020 · Paid in Full · Loan `7360427204`
## Borrower
- **Name:** GRAEVES AUTO & APPLIANCES INC.
- **Address:** 3411 HIGH ST, OLNEY, MD, 20832-2201
- **NAICS:** 811412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $214K
- **Initial approval:** $214K
- **Forgiven:** $217K (101%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $214K
- **Jobs reported:** 17
## 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*