# PPP loan: BRACE MANAGEMENT GROUP, INC.
> **$193K** approved 02/11/2021 · Exemption 4 · Loan `7399738403`
## Borrower
- **Name:** BRACE MANAGEMENT GROUP, INC.
- **Address:** 9500 Medical Center Dr, Largo, MD, 20774-3701
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $193K
- **Initial approval:** $193K
- **Forgiven:** $187K (97%)
- **Forgiveness date:** 06/23/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $193K
- **Jobs reported:** 12
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*