# PPP loan: LERNER CORPORATION
> **$6.51M** approved 04/07/2020 · Paid in Full · Loan `7596237006`
## Borrower
- **Name:** LERNER CORPORATION
- **Address:** 2000 Tower Oaks Boulevard, ROCKVILLE, MD, 20852-4208
- **NAICS:** 531312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.51M
- **Initial approval:** $6.51M
- **Forgiven:** $6.60M (101%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.51M
- **Jobs reported:** 414
## Lender
- **Originating:** Trustar Bank
- **Servicing:** Trustar Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*